Elk Grove Week at a Glance
Week of August 19, 2019
Public Hearing for Bond Issuance for CNU Hospital Project this Wednesday
CNU and its affiliated non-profit, the Northern California Health Services and Research Foundation (a 501(c)(3) non-profit public-benefit corporation) have asked the City to hold a TEFRA hearing so they can access tax-exempt bond funds to develop the hospital project, which is part of the larger Medical Center Campus Project. The law requires that such a hearing be held by a government jurisdiction where the project is to be located.
This is a public meeting. At the hearing, the City Council will receive public comment and input, and will consider whether to allow the issuance of tax-exempt bonds to finance the project. The bonds would be issued by the California Public Finance Authority on behalf of CNU and its affiliated non-profit, independent of the City. The City would not be responsible for issuance or repayment of the bond indebtedness.
While the holding of a TEFRA hearing and approval of issuing tax-exempt bonds would help provide a financing mechanism for CNU, these actions do not constitute approval of the hospital project or the larger Medical Center Campus Project. The TEFRA hearing pertains solely to the project’s financing, which is separate from the City’s project review process.
Additional information about the proposed project and the TEFRA hearing is available on the City’s website at www.elkgrovecity.org/cnu.
Travel the World, Leave Your Passport at Home…Attend the Elk Grove Multicultural Festival!
Join the fun at Elk Grove’s premier cultural celebration on Saturday, August 24 at the 8th annual Elk Grove Multicultural Festival at Elk Grove Regional Park. Learn about other cultures through music, art, food, dance and much more. Travel the world without leaving home with more than 20 cultural performances, a car show, art show and a kids area with a global petting zoo. Explore exhibits from more than 100 community and cultural organizations. And the best part? It’s FREE fun for everyone! The Elk Grove Multicultural Festival is presented by Kaiser Permanente in partnership with the City of Elk Grove and the Cosumnes Community Services District. Visit www.elkgrovecity.org/mcf for details.
Since the City of Elk Grove’s founding, our residents have had a proud tradition of military service. And Elk Grove’s tradition of honoring those who have served is just as proud! One of the most visible honors is the Military Street Banner Program. These banners are proudly hung on streetlights along Elk Grove Boulevard and Civic Center Drive (between Big Horn Boulevard and Laguna Springs Drive). Displayed for one year, the banners feature retired or honorably discharged members of the United States Armed Forces residing in Elk Grove or those who resided in Elk Grove and are now deceased. Businesses or individuals may sponsor a military street banner for a $150 fee. Applications are accepted year-round, but to ensure the banner is in place by Veteran’s Day, they must be submitted by September 20. For more information, visit elkgrovecity.org/banners.
All Month Diversity Awareness Month
08/19/19 Trails Committee Meeting (Council Chambers, 6:00 p.m.)
08/20/19 Diversity & Inclusion Commission Meeting (Council Chambers, 6:00 p.m.)
08/21/19 City Council Special Meeting: TEFRA Hearing (Council Chambers, 6:00 p.m.)
08/21/19 Disability Advisory Committee Meeting (8401 Laguna Palms Way, RM 3A, 6:00 p.m.)
08/23/19 CSD Hot Summer Nights Concert Series (Laguna Town Hall, 6:30 p.m.)
08/24/19 Elk Grove Multicultural Festival (Elk Grove Park, 10:00 a.m.)
08/25/19 Caring for Kids Run (Longleaf Drive, 10:00 a.m.)
08/28/19 City Council Meeting (Council Chambers, 6:00 p.m.)
08/30/19 CSD Hot Summer Nights Concert Series (Laguna Town Hall, 6:30 p.m.)
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