File #: 160119    Version: 1 Name: Multifamily Housing Revenue Bonds - Columbia Park Apartments - 1035 Folsom Street and 21 Columbia Square Park - Not to Exceed $13,779,028
Type: Resolution Status: Passed
Introduced: 2/9/2016 In control: Clerk of the Board
On agenda: Final action: 3/11/2016
Enactment date: 3/11/2016 Enactment #: 075-16
Title: Resolution authorizing the issuance and delivery of multifamily housing revenue bonds in an aggregate principal amount not to exceed $13,779,028 for the purpose of providing financing for the acquisition and rehabilitation of a 50-unit multifamily residential rental housing project known as Columbia Park Apartments; approving the form of and authorizing the execution of a trust indenture providing terms and conditions of the bonds; approving the form of and authorizing the execution of a regulatory agreement and declaration of restrictive covenants; approving the form of and authorizing the execution of a loan agreement; authorizing the collection of certain fees; ratifying and approving any action heretofore taken in connection with the bonds and the project, as defined herein; granting general authority to City officials to take actions necessary to implement this Resolution; and related matters.
Sponsors: Jane Kim
Attachments: 1. Leg Ver1, 2. Project Overview, 3. DRAFT Reg Agrmt, 4. DRAFT Loan Agrmt, 5. DRAFT Trust Indenture, 6. Form 126, 7. Comm Pkt 022416, 8. CDLAC Reso. No. 15-154, 9. Board Pkt 030116, 10. Form 126 Final, 11. Leg Final
Related files: 150892, 160371
Legislation Details
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