Laserfiche WebLink
MAYOR <br />Miguel A. Pulido <br />MAYOR PRO TEM <br />Juan Villages <br />COUNCILMEMBERS <br />Cecilia Iglesias <br />David Penaloza <br />Roman Reyna <br />Vicente Sarmlento <br />Jose Solodo <br />January 2, 2019 <br />CITY OF SANTA ANA <br />COMMUNITY DEVELOPMENT AGENCY <br />20 Civic Center Plaza . P.O. Box 1988 <br />Santa Ana, California 92702 <br />714-647-5360 <br />wwW.santa-ana.oro <br />Cornerstone Housing Partners LP <br />c/o Jamboree Housing Corporation <br />17701 Cowan Avenue, Suite 200 <br />Irvine, CA 92614 <br />Attn: Laura Archuleta <br />Subject: Notice to Applicant Regarding Request for TEFRA Hearing <br />Dear Ms. Archuleta, <br />EXHIBITS <br />CITY MANAGER <br />Raul Godinez II <br />CITY ATTORNEY <br />Sonia R. Carvalho <br />CLERK OF THE COUNCIL <br />Maria D. Huizar <br />This is in response to your request for the City of Santa Ana to conduct a Tax Equity and Fiscal Responsibility <br />Act Hearing in consideration of the issuance of tax exempt bond financing by the California Municipal Finance <br />Authority (the "Authority') on behalf of Cornerstone Housing Partners LP, for the benefit of Cornerstone <br />Apartments (the "Project") for the acquisition, rehabilitation, improvement and equipping of a 126 -unit <br />multifamily rental housing Project located at 805-904 S. Minnie Street, Santa Ana, California. The TEFRA <br />Hearing has been placed on our City Council agenda for February 5, 2019 per your request. This TEFRA <br />Hearing is not being considered by City Council as a recommended action per our staff. Instead this item is <br />being considered as an applicant requested action. <br />In addition, this TEFRA Hearing and the adoption of the Resolution shall not obligate the City or any department <br />thereof to (i) provide any financing to acquire or construct the Project or any refinancing of the Project; (ii) <br />approve any application or requestfor or take any other action in connection with any planning approval, permit <br />or other action necessary for the acquisition, construction, rehabilitation, installation or operation of the Project; <br />(iii) make any contribution or advance any funds whatsoever to the Authority; or (iv) take any further action with <br />respect to the Authority or its membership therein. In general, this action by the City of Santa Ana will not <br />obligate the City or any department thereof to undertake any discretionary action related to the development of <br />your project. <br />If you have any questions regarding this notice, I can be reached by telephone at (714) 667-2241 or by e-mail <br />at ibrown(a)santa-ana.ong. <br />Sincerely, <br />Judson Brown <br />Housing Division Manager <br />SANTA ANA CITY COUNCIL <br />Niguel A Pulido Juan Villages Vicente Samuento David Penalo Jose solaria Roman Rayne Cecilia Iglesias <br />Mayor Mayor Pio Tem, Ward 5 Ward? Ward Wad 3 Ward Ward <br />mourdoRsanta-ana.om Ivillegasissanta-anaora vsaanientofalsanta-ana.ora anal zea a tae a Isolodofalsanta-ana.om rrevne0santa-aneora cidesiasOsanta-ano.om <br />