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File #: 140733    Version: 1 Name: Multifamily Housing Revenue Bonds - Rosa Parks II Senior Housing - Not to Exceed $30,000,000
Type: Resolution Status: Passed
Introduced: 6/24/2014 In control: Clerk of the Board
On agenda: Final action: 7/18/2014
Enactment date: 7/18/2014 Enactment #: 237-14
Title: Resolution authorizing the issuance and delivery of multifamily housing revenue bonds in an aggregate principal amount not to exceed $30,000,000 for the purpose of providing financing for the acquisition and construction of a 98-unit multifamily rental housing project known as Rosa Parks II Senior Housing; 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: London N. Breed
Attachments: 1. Leg Ver1, 2. MOHCD Ltr 061914, 3. Project Description, 4. DRAFT Reg Agmt, 5. DRAFT Trust Indenture, 6. DRAFT Loan Agmt, 7. Form 126, 8. Comm Pkt 063014, 9. Board Pkt 070814, 10. Leg Final
Legislation Details
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