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File #: 161113    Version: 1 Name: Residential Mortgage Revenue Bonds or Notes - 1601 Mariposa Apartments - Not to Exceed $240,000,000
Type: Resolution Status: Passed
Introduced: 10/18/2016 In control: Clerk of the Board
On agenda: Final action: 11/22/2016
Enactment date: Enactment #: 480-16
Title: Resolution approving, for purposes of the Internal Revenue Code of 1986, as amended, the issuance and sale of residential mortgage revenue bonds or notes by the City in an aggregate principal amount not to exceed $240,000,000 for the purpose of providing financing for the acquisition, construction and development of an approximately 299-unit multifamily rental housing project, in part for low or very low income persons or households, located in the City at 1601 and 1677 Mariposa Street, 485-497 Carolina Street, 395 and 420 Wisconsin Street and 210 Arkansas Street; authorizing and directing the execution of any documents necessary to implement this Resolution; and ratifying and approving any action heretofore taken in connection with the Project, as defined herein, and the Application, as defined herein.
Sponsors: Mayor
Attachments: 1. Leg Ver1, 2. Proof of Pub 061616, 3. TEFRA Mins - 070116, 4. Comm Pkt 110216, 5. Board Pkt 111516, 6. Leg Final
Legislation Details
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