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File #: 111276    Version: 1 Name: Multifamily Housing Revenue Bonds, Series 2011C - Natoma Family Apartments - Not to Exceed $18,000,000
Type: Resolution Status: Passed
Introduced: 11/22/2011 In control: Board of Supervisors
On agenda: Final action: 12/15/2011
Enactment date: 12/15/2011 Enactment #: 522-11
Title: Resolution authorizing the issuance and delivery of multifamily housing revenue bonds in an aggregate principal amount not to exceed $18,000,000 for the purpose of providing financing for the acquisition and construction of a 60-unit multifamily rental housing project known as Natoma Family Apartments; approving the form of and authorizing the execution of a trust indenture providing the 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; granting general authority to City officials to take actions necessary to implement this resolution; and related matters.
Sponsors: Jane Kim
Attachments: 1. Legislation_Ver1, 2. Comm_Packet_120711, 3. Board_Packet_121311, 4. Legislation_Final
Legislation Details
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