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File #: 170472    Version: 1 Name: Multifamily Housing Revenue Bonds - Eddy and Taylor Family Housing - Not to Exceed $47,423,000
Type: Resolution Status: Passed
Introduced: 4/25/2017 In control: Clerk of the Board
On agenda: Final action: 6/9/2017
Enactment date: 6/9/2017 Enactment #: 214-17
Title: Resolution authorizing the issuance, sale and delivery of multifamily housing revenue bonds in an aggregate principal amount not to exceed $47,423,000 for the purpose of providing financing for the acquisition, development and construction of a 113-unit multifamily rental housing project known as Eddy and Taylor Family Housing; 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; ratifying and approving any action heretofore taken in connection with the bonds and the project; granting general authority to City officials to take actions necessary to implement this Resolution; and related matters, as defined herein.
Sponsors: Mayor, Jane Kim
Attachments: 1. Leg Ver1, 2. Indenture of Trust, 3. Regulatory Agrmt, 4. Loan Agrmt, 5. Form 126, 6. Comm Pkt 051817, 7. Board Pkt 060617, 8. Leg Final
Legislation Details
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