California educational facilities authority model document provisions 2025

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  1. Click ‘Get Form’ to open the California Educational Facilities Authority Model Document Provisions in the editor.
  2. Begin with the 'Resolution' section. Fill in the Borrower's name and details regarding the revenue bonds being issued, ensuring all amounts are accurate.
  3. Proceed to the 'TEFRA Notice' section. Enter the date of the public hearing and ensure that all relevant project details are included for compliance.
  4. In the 'Loan Agreement' section, provide detailed descriptions for both Prior and New Projects as outlined in Exhibit A. Ensure definitions and borrower representations are accurately filled.
  5. Complete sections on 'Covenants and Agreements', ensuring that commitments regarding admissions policies and facility usage comply with legal standards.
  6. Review all fields for accuracy, particularly financial figures and legal obligations, before finalizing your document.

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The California Educational Facilities Authority (CEFA) was established in 1973. CEFA operates pursuant to the California Educational Facilities Authority Act, as set forth in the California Education Code, Section 94100-94213 and the California Code of Regulations (Title 4, Division 12, Chapters 1-3).
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