Community Facilities District Bond Issuance and CFD Administration
November 17, 2020 @ 10:30 am - 12:00 pm| Free
Mello-Roos Community Facilities Districts Fundamentals Session 2: Community Facilities District Bond Issuance and CFD Administration
Date: Tuesday, November 17, 2020
Time: 10:30 AM – 12:00 PM
Community Facilities Districts (CFDs), or Mello-Roos Districts, have been used by public agencies since 1982 to finance public infrastructure and community facilities. CFDs may also fund public services, which has been a growing trend in recent years. Because this funding tool is used on the majority of new developments in California, it is imperative that public agency employees understand the fundamentals of CFDs and how they can be implemented to fund infrastructure and services.
This introductory two-part webinar series will provide an overview of CFD fundamentals. Topics include the Mello-Roos Act, CFD formation and bond issuance process, and ongoing administration requirements once a CFD has been formed.
Session Two will pick up post-CFD formation, with an overview of the CFD bond issuance process, a discussion of a public agency’s initial and ongoing disclosure requirements, and a description of the steps involved in the ongoing administration of a CFD.