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File #: 141101    Version: 1 Name: Multifamily Housing Revenue Note - Hunters View Phase IIA - Not to Exceed $41,000,000
Type: Resolution Status: Passed
Introduced: 10/21/2014 In control: Clerk of the Board
On agenda: Final action: 12/4/2014
Enactment date: Enactment #: 437-14
Title: Resolution authorizing the issuance and delivery of a multifamily housing revenue note in an aggregate principal amount not to exceed $41,000,000 for the purpose of providing financing for the acquisition and construction of a 107-unit multifamily rental housing project known as Hunters View Phase IIA; approving the form of and authorizing the execution of a funding loan agreement providing the terms and conditions of the note and authorizing the execution and delivery thereof; approving the form of and authorizing the execution of a regulatory agreement and declaration of restrictive covenants; approving the forms of and authorizing the execution of certain loan documents; authorizing the collection of certain fees; ratifying and approving any action heretofore taken in connection with the note and the project; granting general authority to City officials to take actions necessary to implement this Resolution; and related matters.
Sponsors: Malia Cohen
Attachments: 1. Leg Ver1, 2. MOHCD Ltr 102014, 3. BOS Reso No. 5-14, 4. CDLAC Ltr 051914, 5. Borrower Loan Agrmt 100114, 6. Reg Agrmt 100114, 7. Assignment of Leasehold, 8. Funding Loan Agrmt 100114, 9. Form 126, 10. Form 126, 11. Comm_Pkt 111914, 12. Board Pkt 112514, 13. Leg Final
Legislation Details
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