Share to Facebook Share to Twitter Bookmark and Share
File #: 160869    Version: 1 Name: Multifamily Housing Revenue Bonds - 626 Mission Bay Boulevard North (also known as 1300 Fourth Street and Mission Bay South Block 6 East) - Not to Exceed $52,500,000
Type: Resolution Status: Passed
Introduced: 7/26/2016 In control: Clerk of the Board
On agenda: Final action: 9/22/2016
Enactment date: 9/22/2016 Enactment #: 386-16
Title: Resolution authorizing the issuance, sale and delivery of multifamily housing revenue bonds in an aggregate principal amount not to exceed $52,500,000 for the purpose of providing financing for the construction of a 143-unit multifamily rental housing project known as 626 Mission Bay Boulevard North; approving the form of and authorizing the execution of an indenture of trust 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; approving modifications, changes and additions to the documents, as defined herein; 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; and related matters, as defined herein.
Sponsors: Jane Kim
Attachments: 1. Leg Ver1, 2. MOHCD Ltr 072216, 3. Board Reso No. 461-15 120915, 4. CDLAC Reso No. 16-88 072016, 5. DRAFT Indenture of Trust, 6. DRAFT Reg Agrmt 072216, 7. DRAFT Loan Agrmt, 8. Comm Pkt 091416, 9. Board Pkt 092016, 10. Leg Final
Legislation Details
 *NOTE: These reports are produced in HTML format and are accessible to screen readers.