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Title:
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Resolution authorizing the issuance and delivery of tax-exempt multifamily housing revenue bonds in an aggregate principal amount not to exceed $71,076,486 and of taxable multifamily housing revenue bonds in an aggregate principal amount not to exceed $18,923,514 for the purpose of providing financing for the construction of a 221-unit, affordable multifamily residential rental housing project located at 600-7th Street within the City, for a total amount not to exceed $90,000,000; 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, as defined herein; ratifying and approving any action heretofore taken in connection with the bonds and the project, as defined herein; granting general authority to City officials to take actions necessary to implement this Resolution, as defined herein; and related matters, as defined herein.
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