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TAFT CITY COUNCIL/SUCCESSOR AGENCYJOINT REGULAR MEETING AGENDATUESDAY, NOVEMBER 21, 2017CITY HALL COUNCIL CHAMBERS209 E. KERN ST., TAFT, CA 93268AS A COURTESY TO ALL PLEASE TURN OFF CELL Phones writings
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City councilsuccessor agency financingpower refers to the authority given to a city council or successor agency to finance various projects and activities.
City council or successor agency officials are required to file the financing power with the appropriate regulatory bodies.
The financing power form should be completed with accurate and detailed information about the projects and activities that require funding.
The purpose of the financing power is to ensure transparency and accountability in the allocation and use of public funds for projects.
Information such as the name of the project, funding sources, budget allocation, and expected outcomes must be reported on the financing power form.
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