Laserfiche WebLink
<br />.J',.," <br /> <br />, <br /> <br />. <br /> <br />. <br /> <br />RESOLUTION NO. 81-54 <br />PAGE TWO <br /> <br />Elizabeth Phillips, <br />Louise Hutton & Audry <br />E. Phillips <br />Velma Freeman <br />Ron Roelof f <br />Mas Uyesugi <br /> <br />301/305 W. Fourth and <br />410 N. Broadway <br /> <br />311/315 W. Fourth <br />307/309 W. Fourth <br />317 W. Fourth <br /> <br />2. The proceeds of such issue bonds shall <br />include related and necessary issuance expenses, <br />administrative costs, reasonably required reserves and <br />interest payments. <br /> <br />3. Such issue of bonds shall be issued subject <br />to completion of issuance, sale and delivery proceedings and <br />other matters relating thereto to the full satisfaction of <br />the Agency. <br /> <br />4. It is hereby found and determined that the <br />providing of financial assistance, as more particularly <br />described herein and in Resolution No. 79-61, is a <br />substantial inducement to the aforesaid developer or owner <br />to rehabilitate the aforedescribed properties, that said <br />rehabilitation will further the public purpose and goals of <br />this Agency and is for the public interest and benefit, and <br />that the aforesaid developer or owner has requested this <br />Agency to issue and sell its bonds for the purpose of <br />providing rehabilitation financial assistance to said <br />developer or owner by funding permanent loans made for <br />rehabilitation of the described properties. <br /> <br />ADOPTED this 20th day of <br />1981, by the following vote: <br /> <br />AYES: <br />NOES: <br />ABSENT: <br /> <br />MEMBERS: <br />MEMBERS: <br />MEMBERS: <br /> <br /> <br />REX S SON <br />EXECUTIVE DIRECTOR/ <br />RECORDING SECRETARY <br /> <br />APPROVED AS TO FORM: <br /> <br /> <br />Julv <br /> <br />Griset, Luxembourger, <br />Acosta, McGuigan <br /> <br /> <br />¡<¡-Sf <br /> <br />5B, <br />