Madera Public Financing Authority

The Madera Public Financing Authority (MPFA) functions as a conduit for funding public benefit projects by issuing tax-exempt bonds on behalf of the City of Madera, typically for infrastructure and economic development purposes. It acts in a joint powers agreement with the city to finance projects like water system upgrades by issuing bonds, with the debt being repaid from the specific project's revenues. The MPFA enables the City to access lower-cost financing for community improvements by effectively borrowing funds that are then used to repay the debt on the bonds it issued.

Posting of Agendas
Agendas for regularly scheduled meetings are posted on the bulletin board at City Hall and on the City of Madera website at least 72 hours (generally Friday) before the scheduled meeting. Special meeting agendas are posted at least 24 hours before the scheduled meeting. GC 54954.2(a)(1).