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File #: 150336    Version: Name: Multifamily Housing Revenue Note - 588 Mission Bay Boulevard North (aka Mission Bay South Block 7 West) - Not to Exceed $61,427,368
Type: Resolution Status: Passed
Introduced: 3/31/2015 In control: Clerk of the Board
On agenda: Final action: 5/8/2015
Enactment date: Enactment #: 161-15
Title: Resolution authorizing the issuance and delivery of a multifamily housing revenue note in an aggregate principal amount not to exceed $61,427,368 for the purpose of providing financing for the acquisition and construction of a 200-unit multifamily rental housing project located in the City at 588 Mission Bay Boulevard North (aka Mission Bay South Block 7 West); 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, as defined herein; granting general authority to City officials to take actions necessary to implement this Resolution, and subject to the terms of this Resolution, as defined herein; and related matters, as defined herein.
Sponsors: Jane Kim
Attachments: 1. Leg Ver1, 2. MOHCD Ltr 033015, 3. Borrower Loan Agrmt, 4. Funding Loan Agrmt, 5. Project Description, 6. Reg Agrmt, 7. Asgmt of Deed of Trust, 8. Form 126, 9. Comm Pkt 041515, 10. Comm Pkt 042215, 11. Leg Ver2, 12. Board Pkt 042815, 13. Form 126 Final, 14. Leg Final
Related files: 141230
Legislation Details
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