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File #: 170769    Version: 1 Name: Multifamily Housing Revenue Bonds - Alice Griffith Phase 4 Apartments Project - Not to Exceed $14,450,000
Type: Resolution Status: Passed
Introduced: 6/20/2017 In control: Clerk of the Board
On agenda: Final action: 7/21/2017
Enactment date: 7/21/2017 Enactment #: 279-17
Title: Resolution authorizing the issuance, sale and delivery of multifamily housing revenue bonds in an aggregate principal amount not to exceed $14,450,000 for the purpose of providing financing for the acquisition and construction of a 31-unit multifamily rental housing project known as Alice Griffith Phase 4 Apartments Project; approving the form of and authorizing the execution of a trust indenture 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.
Sponsors: Malia Cohen
Attachments: 1. Leg Ver1, 2. DRAFT Trust Indenture, 3. DRAFT Regulatory Agrmt, 4. DRAFT Loan Agrmt, 5. Proj Description, 6. BOS Res No. 473-16 110116, 7. CDLAC Res No. 17-38 051717, 8. MOHCD Ltr 061617, 9. TEFRA Hearing Notice 092816, 10. Form 126, 11. Comm Pkt 062917, 12. Board Pkt 071117, 13. Leg Final
Legislation Details
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