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File #: 191113    Version: 1 Name: Multifamily Housing Revenue Bonds - 1064-1068 Mission Street - Not to Exceed $87,000,000
Type: Resolution Status: Mayors Office
Introduced: 10/29/2019 In control: Board of Supervisors
On agenda: Final action: 11/19/2019
Enactment date: Enactment #:
Title: Resolution authorizing the issuance and delivery of multifamily housing revenue bonds in an aggregate principal amount not to exceed $87,000,000 for the purpose of providing financing for the acquisition and construction of a 258-unit, affordable multifamily residential rental housing project located at 1064-1068 Mission Street; approving the form of and authorizing the execution of a trust indenture providing 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; 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
Attachments: 1. Leg Ver1, 2. DRAFT Loan Agrmt, 3. DRAFT Regulatory Agrmt, 4. DRAFT Indenture of Trust, 5. Public Disclosures 102119, 6. CDLAC Reso No. 19-152 101619, 7. Form 126, 8. Comm Pkt 111319, 9. Board Pkt 111919
Legislation Details
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