Laserfiche WebLink
REQUEST FOR HOUSING <br /> AUTHORITY/COUNCIL/ <br /> IAGENCY ACTION <br /> MEETING DATE: <br /> <br /> JAI~UARY 5, 2004 <br /> <br /> TITLE: <br /> <br /> AUTHORIZATION OF MULTI-FAMILY HOUSING <br /> REVENUE REFUNDING BONDS AND LOAM <br /> AGREEMENTS WITH WAKEHAM-GKANT, LP <br /> <br />CITY MANAGER ~DIRECTOR <br /> <br />RECOMMENDED ACTION <br /> <br />CLERK OF COUNCIL USE ONLY: <br /> <br />APPROVED [] As Recommended <br /> [] As Amended <br /> [] Ordinance on 1st Reading <br /> [] Ordinance on 2nd Reading <br /> [] Implementing Resolution <br /> [] Set Public Hearing For <br /> <br />CONTINUED TO <br /> <br />FILE NUMBER <br /> <br />LOUSING AUTHORITY ACTION <br /> <br />Adopt a resolution authorizing issuance of multi-family housing revenue <br />refunding bonds in an aggregate amount not to exceed $6,000,000 for the <br />Wakeham-Grant Apartments, a California Limited Partnership, and <br />authorize the Executive Director of the Housing Authority to execute all <br />documents as necessary. <br /> <br />CITY COUNCIL ACTION <br /> <br />1. Approve an agreement with Wakeham-Grant Apartments, a California <br /> Limited Partnership, to provide loans in the amount not to exceed <br /> $1,900,000. <br /> <br />2. Direct the City Attorney to prepare, and authorize the Executive <br /> Director of the Community Development Agency to execute agreements <br /> and all other required documents as necessary. <br /> <br />COMMUNITY REDEVELOPMENT AGENCY <br /> <br />1. Approve an agreement with Wakeham-Grant Apartments, a California <br /> Limited Partnership, to provide loans in the amount not to exceed <br /> $1,000,000. <br /> <br />Page 138 25.1. <br /> <br /> <br />