Organizations Filed Purposes:
TO PROVIDE FINANCIAL ASSISTANCE TO THE CITY OF MARTINEZ BY FINANCING, ACQUIRING, CONSTRUCTING, IMPROVING, LEASING AND SELLING PROPERTY, EQUIPMENT AND OTHER PUBLIC IMPROVEMENT PROJECTS.
IMPROVEMENTS FINANCED WITH PUBLIC IMPROVEMENT CORPORATION DEBT ARE LEASED TO THE CITY WITH RENTAL PAYMENTS WHICH, TOGETHER WITH RESTRICTED ASSETS OF THE PUBLIC IMPROVEMENT CORPORATION WILL BE SUFFICIENT TO MEET THE DEBT SERVICE OBLIGATIONS OF THE OUTSTANDING DEBT. THE CORPORATION REPORTS THE PRESENT VALUE OF THE LEASE RECEIVABLE AND CONSIDERS THE LEASED IMPROVEMENTS TO HAVE BEEN SOLD TO THE CITY FOR THIS AMOUNT WHEN LEASED.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Carolyn Robinson | CITY TREASURER | 1 | $0 |
| Jeffrey Walter | CITY ATTORNEY | 1 | $0 |
| Eric Figueroa | CITY MANAGER | 1 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202111379349308226_public.xml