The Simi Valley City Council voted 5-0 on April 6, 2020, to rescind a December 2019 resolution authorizing a $150 million pension obligation bond and future similar bonds, thanking the Ventura County Taxpayers Association for working with the City in avoiding what could havebeen a lengthy battle over legally questionable bonds. The rescission was part … Continue reading City of Simi Valley reaches settlement with taxpayer groups, rescinds authorization for pension obligation bonds