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					Notice of Public Hearing THE CITY OF TEMECULA 43200 Business Park Drive Temecula, CA 92590 A PUBLIC HEARING has been scheduled before the CITY COUNCIL to consider the matter(s) described below.

Applicant: Location: Proposal:

Bettencourt Properties, Inc. Creekside Apartments, located at 28955 Pujol Street Approval of the Issuance by the California Statewide Communities Development Authority of Multifamily Housing Revenue Bonds in the aggregate principal amount not to exceed $2,000,000 to rehabilitate a 49-unit multifamily residential rental facility None Required.

Environmental Action:

NOTICE IS HEREBY GIVEN that the City Council of the City of Temecula at its regular meeting on May 27, 2008, will hold a public hearing and consider approval of the issuance by the California Statewide Communities Development Authority of multifamily housing revenue bonds in the aggregate principal amount not to exceed $2,000,000, the proceeds of which will be applied to the financing of the acquisition and rehabilitation of a 49-unit multifamily residential rental facility, commonly known as the Creekside Apartments, located at 28955 Pujol Street in the City of Temecula, California (the “Project”). The owner of the Project will be Bettencourt Properties, Inc. or a limited liability company or other limited partnership to be formed by Bettencourt Properties, Inc. All those interested in matters related to the issuance of the revenue bonds are invited to attend and be heard at the meeting, which will commence at 7:00 p.m., or shortly thereafter, and will be held in City Council Chambers, located at 43200 Business Park Drive, Temecula, California. If you have any questions regarding this matter, please call Terrance Murphy of the California Statewide Communities Development Authority, at (925) 933-9229.

PLACE OF HEARING

DATE OF HEARING TIME OF HEARING

City Council Chambers 43200 Business Park Drive Temecula, California May 27, 2008 7:00 PM