It is recommended that the Yorba Linda City Council: 1.) Conduct a public hearing under the requirements of the federal Tax Equity and Fiscal Responsibility Act (TEFRA) and the Internal Revenue Code of 1986, as amended (the “Code”); and 2.) Adopt Resolution 2025-5949 approving the issuance of the Bonds by the California Municipal Finance Authority (CMFA) for the benefit of Yorba Linda Altrudy II, LP, (the “Borrower”) a partnership of which C&C Development Co., LLC (the “Developer”) or a related person to the Developer is the general partner, to provide for the financing of the Project, such adoption is solely for the purposes of satisfying the requirements of TEFRA, the Code and the California Government Code Section 6500 et seq.