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Fairfax Financing Authority

Overview

The Fairfax Financing Authority is a separate government entity whose purpose is to assist with the financing or refinancing of certain public capital facilities within the Town. The Authority has the power to purchase bonds issued by any local agency at public or negotiated sale and may sell such bonds to public or private purchasers at public or negotiated sale. The Authority is controlled by the Town and has the same governing body as the Town, which also performs all accounting and administrative functions for the Authority.

Budget and Audit

The financial activities of the Authority are included in the 2008 and 2012 Series Debt Service Funds, which are found in the Town Budget and Town Audit each year.

Meetings

The Board meets on an as-needed basis. All meetings are held subject to and in accordance with the Brown Act. Click on the links below for the meeting minutes. Please note that the Board meetings are held during Town Council meetings.

Elected and Appointed Officials

The elected Fairfax Town Council sits as the Fairfax Financing Authority Board of Directors, with the elected Fairfax Town Clerk as Secretary of the Board, and the Town Manager acts as the Executive Director of the Board.

Statement of Facts – Roster of Public Agencies Filing

Administrative Officials

Town staff perform all accounting and administrative functions for the Authority.

Contracts

None

Revenue Sources

N/A

Originating Documents

JPA Agreement, dated 2008

Resolution 2567 of the Town Council of the Town of Fairfax Approving, Authorizing, and Directing Execution of a Joint Exercise of Powers Agreement Relating to the California Municipal Finance Authority (adopted 8-6-08)

Resolution 2568 of the Town Council of the Town of Fairfax Authorizing Execution and Delivery of Joint Exercise of Powers Agreement with California Municipal Finance Authority, Establishing the Fairfax Financing Authority (adopted 8-6-08)

Resolution 2008-1 of the Board of Directors of the Fairfax Financing Authority Approving By-laws and a Conflict of Interest Code, and Setting the time and Place for Regular Meetings of the Board” (adopted 8-6-08)

Public Record Request

To make a Public Records request, please contact the Town Clerk by email, regular mail, or phone (see below). When making your request, please be as specific as possible. For paper copies, the Town charges $.25 per page for the first 10 pages, and $.10 per page thereafter. You may also schedule an appointment to view the records at Town Hall.

Contact information for the Town Clerk
US Mail or in person: Town Hall, 142 Bolinas Road, Fairfax 94930
Telephone: (415) 458-2343
Email: mgardner@townoffairfax.org

Contact usTown of Fairfax: 142 Bolinas Rd. | Fairfax, California 94930 | Phone: (415) 453-1584 | Fax: (415) 453-1618
Hours: 8:30 a.m. - 12:00 noon; 1:00 - 5:00 p.m., Mondays through Thursdays.
© 2009 - 2017 Town of Fairfax