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File #: 160794    Version: 1 Name: Multifamily Housing Revenue Bonds - 1036 Mission Street - Not to Exceed $32,100,000
Type: Resolution Status: Passed
Introduced: 7/12/2016 In control: Clerk of the Board
On agenda: Final action: 8/11/2016
Enactment date: 8/11/2016 Enactment #: 353-16
Title: Resolution authorizing the issuance and delivery of multifamily housing revenue bonds in an aggregate principal amount not to exceed $32,100,000 for the purpose of providing financing for the acquisition and construction of an 83-unit multifamily residential rental housing project located at 1036 Mission Street within the City; approving the form of and authorizing the execution of a trust indenture providing 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, as defined herein; granting general authority to City officials to take actions necessary to implement this Resolution, as defined herein; and related matters.
Sponsors: Mayor, Jane Kim
Attachments: 1. Leg Ver1, 2. DRAFT Agrmt 060816, 3. DRAFT Loan Agrmt 060616, 4. DRAFT Indenture of Trust 060616, 5. CDLAC Reso 16-309, 6. Comm Pkt 072716, 7. Board Pkt 080216, 8. Leg Final
Related files: 160795
Legislation Details
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