Meets: As needed.
Time: As needed.
Length of Term: 6 years.
Appointed by: City Council. The board of directors consists of three directors appointed by the City Council.
Required / Purpose: The Special Care Facilities Financing Authority was created to issue tax-exempt bonds for a senior assisted living facility that will accommodate 197 persons and 85 staff members. The City has no responsibility for the repayment of bonds.
Special Care Facilities Financing Authority Members