The Taft Public Financing Authority (TPFA) was established as a joint exercise of powers agency between the City of Taft and the Taft Community Development Agency (TCDA).
TPFA was created on January 5, 1993, for the purpose, among other things, of issuing its bonds to provide financing and refinancing for public capital improvements of the City and TCDA. The first such project was refinancing the Taft Police Station Facility which was within TCDA’s project area.
MEMBERS, as specified by TPFA By-laws:
Vice Chairman: Vice Mayor
Board Members: Remaining Council Members
Secretary: City Clerk
Treasurer: Finance Director
Executive Director: City Manager
Authority Counsel: City Attorney
One annual meeting in August of each year, Taft City Council Chamber, 209 E. Kern Street, Taft, CA 93268, following the regular meeting of the Taft City Council at 6:00 p.m.