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Loan Agreement with Legacy Square LP <br />December 15, 2020 <br />Page 5 <br />The City received a payment of $896.78 to hold a TEFRA hearing for this project, which was <br />deposited into account No. 01102002-53902. <br />The bonds to be issued by the California Statewide Communities Development Authority are the <br />sole responsibility of Legacy Square, L.P. The City has no financial or legal liability for the project <br />or repayment of the bonds and does not constitute any type of indebtedness for the City. <br />Fiscal Impact Verified By: Kathryn Downs, CPA, Executive Director— Finance and Management <br />Services Agency <br />Submitted By: Steven A. Mendoza, Executive Director — Community Development Agency <br />Exhibits: 1. Staff Report from January 15, 2019 <br />2. Pre -Loan Commitment Letter <br />3. Staff Report from February 5, 2019 for First AHSC Resolution <br />4. Staff Report from February 4, 2020 for Second AHSC Resolution <br />5. City Inclusionary Housing Loan Agreement <br />6. Subordination Agreement with Bank of America, N.A. <br />7. Staff Report from December 17, 2019 for the First TEFRA Hearing <br />8. TEFRA Resolution <br />55A-5 <br />