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Notice of Public Hearing - Possible Issuance of Pension Obligation Bonds

Post Date:02/28/2019

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NOTICE IS HEREBY GIVEN that the City Council of the City of Glendora will hold a public hearing in the City Council Chamber of City Hall, 116 E. Foothill Boulevard, Glendora, California, on Tuesday, March 12, 2019, at 7:00 p.m. at which time it will consider public testimony concerning the possible issuance of pension obligation bonds to refinance the City’s unfunded accrued actuarial liability pursuant to its contract with the California Public Employees’ Retirement System and the Public Employees’ Retirement Law (commencing with Section 20000 of the California Government Code).


All interested parties are invited to attend said hearing and express their views on this matter.  Should you be unable to attend the public hearing, your comments must be made in writing and delivered to the City Clerk prior to the scheduled hearing date.  Related documents are on file for public inspection and copying for the cost of duplication starting Friday, March 1, 2019, at the Office of the City Clerk, 116 E. Foothill Blvd, Glendora, California, between the hours of 8:00 a.m. and 5:00 p.m., Monday through Friday, exclusive of holidays.


Staff has determined that the matter being considered at the public hearing is not a “project” for purposes of the California Environmental Quality Act under Section 15378 of Title 14 of the California Code of Regulations.


If you challenge this action(s) in court, you may be limited to raising only those issues you or someone else raised at the public hearing described in this notice, or in written correspondence delivered to the City of Glendora at, or prior to, the public hearing.


Kathleen R. Sessman, MMC

City Clerk


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