{"id":5953,"date":"2021-06-04T12:50:21","date_gmt":"2021-06-04T20:50:21","guid":{"rendered":"https:\/\/peninsula360press.com\/?p=5953"},"modified":"2021-06-04T12:50:23","modified_gmt":"2021-06-04T20:50:23","slug":"bond-sale-to-fund-construction-of-veterans-building-in-redwood-city","status":"publish","type":"post","link":"https:\/\/peninsula360press.com\/en\/bond-sale-to-fund-construction-of-veterans-building-in-redwood-city\/","title":{"rendered":"Bond sale will fund construction of veterans' building in Redwood City"},"content":{"rendered":"<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/peninsula360press.com\/wp-content\/uploads\/2021\/06\/Redwood_City_western_sign.jpg\" alt=\"\" class=\"wp-image-5954\" width=\"476\" height=\"369\" srcset=\"https:\/\/peninsula360press.com\/wp-content\/uploads\/2021\/06\/Redwood_City_western_sign.jpg 450w, https:\/\/peninsula360press.com\/wp-content\/uploads\/2021\/06\/Redwood_City_western_sign-300x233.jpg 300w, https:\/\/peninsula360press.com\/wp-content\/uploads\/2021\/06\/Redwood_City_western_sign-16x12.jpg 16w, https:\/\/peninsula360press.com\/wp-content\/uploads\/2021\/06\/Redwood_City_western_sign-150x116.jpg 150w\" sizes=\"(max-width: 476px) 100vw, 476px\" \/><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">The City of Redwood City announced that proceeds from the sale of up to $65.4 million in tax-exempt lease revenue bonds will be used to fund the first phase of the new Veterans Memorial\/Senior Center building in Red Morton Park.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Phase 1 improvements include a new Veterans Memorial\/Senior Center building -VMBSC- with theater, catering kitchen, multi-purpose rooms, senior club room, physical education wellness rooms, non-profit partner offices, garden space, and mini-gym with Pickleball courts.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The programs that veterans are receiving now will continue in the new VMBSC.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Individual investors can buy the bonds from Wednesday, June 2, subject to market conditions, while institutional pricing for the bonds took place on Thursday, June 3.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The purchase of lease revenue bonds can be made through a loyalty investment account.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Individual retail investors may log in or create a new loyalty account to participate. The City and the underwriter offer no guarantee that orders placed will be filled.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Series 2021 bonds will be the only General Fund debt after issuance.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>You may be interested in: <a href=\"https:\/\/peninsula360press.com\/en\/redwood-city-is-seeking-a-resident-to-participate-in-its-local-government\/\" target=\"_blank\" rel=\"noreferrer noopener\">Redwood City is seeking a resident to participate in local government.<\/a><\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>La ciudad de Redwood City anunci\u00f3 que los ingresos de la venta por hasta 65.4 millones de d\u00f3lares en bonos de ingresos de arrendamiento exentos de impuestos, se utilizar\u00e1n para el financiamiento de la primera fase del nuevo edificio Memorial para Veteranos \/ Centro para personas mayores en Red Morton Park. Las mejoras de la [&hellip;]<\/p>","protected":false},"author":7,"featured_media":5954,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14,9,2],"tags":[],"class_list":["post-5953","post","type-post","status-publish","format-standard","has-post-thumbnail","category-cover","category-community","category-peninsula"],"_links":{"self":[{"href":"https:\/\/peninsula360press.com\/en\/wp-json\/wp\/v2\/posts\/5953","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/peninsula360press.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/peninsula360press.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/peninsula360press.com\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/peninsula360press.com\/en\/wp-json\/wp\/v2\/comments?post=5953"}],"version-history":[{"count":1,"href":"https:\/\/peninsula360press.com\/en\/wp-json\/wp\/v2\/posts\/5953\/revisions"}],"predecessor-version":[{"id":5955,"href":"https:\/\/peninsula360press.com\/en\/wp-json\/wp\/v2\/posts\/5953\/revisions\/5955"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/peninsula360press.com\/en\/wp-json\/wp\/v2\/media\/5954"}],"wp:attachment":[{"href":"https:\/\/peninsula360press.com\/en\/wp-json\/wp\/v2\/media?parent=5953"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/peninsula360press.com\/en\/wp-json\/wp\/v2\/categories?post=5953"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/peninsula360press.com\/en\/wp-json\/wp\/v2\/tags?post=5953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}