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SAN LEANDO PUBLIC FINANCING AUTHORITY <br />DESCRIPTION <br />The San Leandro Public Financing Authority was established through a joint powers <br />agreement with the City. The Authority was formed for the purpose of assisting the City in <br />the acquisition, construction and financing of public improvements that are of public benefit <br />to the City. The Mayor and City Council serve as the Board of Directors of the Authority <br />and the City Manager serves as the Executive Director. <br />Improvements undertaken by the Authority have included seismic retrofitting of some <br />essential facilities owned by the City, such as City Hall, three fire stations and the Police <br />Department building. The Authority has also financed the seismic retrofit/ renovation/ <br />expansion of the Main Library and the acquisition of two replacement fire stations in lieu of <br />seismic retrofit of these existing facilities. <br />