File #: 140292    Version: 1 Name: Multifamily Housing Revenue Bonds - Transbay/Block 6 Project - Not to Exceed $15,000,000
Type: Resolution Status: Passed
Introduced: 3/25/2014 In control: Clerk of the Board
On agenda: Final action: 5/8/2014
Enactment date: Enactment #: 130-14
Title: Resolution authorizing the issuance and delivery of multifamily housing revenue bonds in an aggregate principal amount not to exceed $15,000,000 for the purpose of providing financing for the acquisition and construction of a 70-unit multifamily rental housing project known as Transbay/Block 6 Project; 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. Leg Ver1, 2. Trust Indenture 050114, 3. Loan Agmt 050114, 4. Regulatory Agmt 050114, 5. Board Pkt 050614, 6. Leg_Final
Related files: 140291
Legislation Details
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