Motion seeks City approval for $25.41 million bond issue for Van Nuys mobile home park
The bonds would fund the purchase and improvement of a 145-space mobile home park at 7560 Woodman Place.
A motion asks the City Council to sign off on up to $25,410,000 in revenue bonds so Augusta Communities II LLC can buy and improve a 145-space mobile home park in Council District 2. No City funds are pledged, and the Council must review the June 30, 2026 public hearing results and adopt a resolution.
What happens next
City Council to consider the hearing results and adopt the resolution
How the Council voted on this file
Yes No Absent
- 14–0–1
Named in this record
- Augusta Communities II LLC
- California Municipal Finance Authority 6
- Los Angeles City Council 249
- 7560 Woodman Place
- California Debt Limit Allocation Committee 2
7560 Woodman Place
Photo: Prayitno / Thank you for (12 millions +) view from Los Angeles, USA, CC BY 2.0, via Wikimedia Commons
