The Ross Valley Public Financing Authority (RVPFA) was formed in 2012 under a Joint Powers Agreement for the purpose of establishing an entity authorized to assist the financing and refinancing of capital improvement projects of the Ross Valley Sanitary District (RVSD).
Joint Exercise of Powers Agreement
Joint Exercise of Powers Agreement (April 19, 2012) between RVSD and the California Municipal Finance Authority creating the Ross Valley Public Financing Authority (RVPFA).
Governance & Administration
The RVPFA Officers are those members who serve on the Ross Valley Sanitary District Board of Directors (Board), as set forth in Article II of the RVPFA Bylaws (Adopted May 21, 2012).
Supporting actions to carry out the activities of the RVPFA are conducted by Ross Valley Sanitary District (RVSD) employees and related resources. There are no employees or consultants of the RVPFA.
Resolutions of the Ross Valley Public Financing Authority
Resolution 14-0003 (October 15, 2014) Authorizing the Issuance of Wastewater Revenue Bonds (and related actions).
Resolution 13-1463 (July 17, 2013) Approving Execution of Certain Financing Documents and Directing Certain Related Actions in Connection with Financing Certain Improvements to the District’s Wastewater System
The RVPFA does not establish an annual budget. Its officers serve without compensation, per the Joint Powers Authority (JPA) agreement and authorizing documents. The RVPFA does not incur any costs in carrying out its functions.
There is not a separate financial audit for the RVPFA. Detailed financials for issuance of bonds, use of bond proceeds, and related financial reporting are available in the annual Ross Valley Independent Financial Audit portion of the Comprehensive Annual Financial Report (CAFR).