City Considers $15 Million Bonds for TIP Property
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Description
The San Bernardino City Council will consider approving the issuance of up to $15 million in tax‑exempt revenue bonds by the California Enterprise Development Authority for TIP Property Caritas LLC to finance projects on South Tippecanoe Avenue. The action would also authorize the City Manager to execute documents necessary to effectuate the bond issuance.
Contract Details
Contract Amount
Not to exceed $15,000,000 (revenue obligation bonds)
Vendor
TIP PROPERTY CARITAS LLC
Agency
City of San Bernardino, CA
Contract Type
FINANCIAL_SERVICES
Document Date
April 15, 2026
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