File #: 171162    Version: 1 Name: Multifamily Housing Revenue Bonds - 1150-3rd Street Apartments (also known as Mission Bay South Block 3 East) - Not to Exceed $51,000,000
Type: Resolution Status: Passed
Introduced: 10/31/2017 In control: Clerk of the Board
On agenda: Final action: 12/8/2017
Enactment date: 12/8/2017 Enactment #: 433-17
Title: Resolution authorizing the issuance, sale and delivery of multifamily housing revenue bonds in an aggregate principal amount not to exceed $51,000,000 for the purpose of providing financing for the construction of a 119-unit multifamily rental housing project known as 1150-3rd Street Apartments; 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; and 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. DRAFT Indenture of Trust, 3. DRAFT Loan Agrmt, 4. DRAFT Reg Agrmt, 5. Form 126, 6. Comm Pkt 110917, 7. Board Pkt 112817, 8. Form 126 Final, 9. Leg Final
Legislation Details
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