The CMFA Issues Tax-Exempt Financing for Hill Country Community Clinic

The CMFA issues $4,055,000 in tax-exempt bond proceeds for Hill Country Community Clinic. The proceeds will be used for the purposes of: (i) refinancing 2008 bonds, which bonds financed acquisition, construction and equipping of a training facility for disabled and disadvantaged persons and a retail store owned by the Borrower and located at 1550 41st Avenue, Capitola, California, (ii) financing costs of acquisition, renovation and equipping of an approximately 98,000 square foot building to be owned by the Borrower and located at 1566 Moffett Street in Salinas, California, within Monterey County, California, to house the Borrower’s administrative headquarters as well as serve as its primary hub for material handling, bulk sales, processing and distribution

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