CMFA Completes Cost Effective Financing for Anaheim Public Utilities Electrical System
The CMFA recently issued bonds for the Anaheim Public Utilities Electrical System. The proceeds of the Bonds will be used by the City to finance costs of various components of the City’s Distribution System capital improvement program over the Fiscal Years ending June 30, 2016 and 2017. Planned improvements include, among other things, a variety of substation improvements, including the addition of new transformer capacity at the Canyon Substation, the completion of the new Harbor Substation and a variety of other improvements, equipment replacements and upgrades for existing substations