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Public Hearing- Resolution Approving <br />Tax Exempt Obligations <br />February 17, 2015 <br />Page 3 <br />that that a portion of the issuance fee attributable to the City will be granted by the CMFA to the <br />general fund of the City. Such grant may be used for any lawful purpose of the City. The <br />Borrower will be the beneficiary of the CMFA's charitable donation through a 25% reduction in <br />issuance fees. <br />WW-A0X/'- <br />Kelly L. R n ers <br />Executive !rector <br />Community Development Agency <br />KR/SS /NV /sb <br />Exhibit: 1. Resolution <br />75B -3 <br />