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12-17-1985
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12-17-1985
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City Clerk
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Minutes
Date
12/17/1985
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PUBLIC HEARINGS <br /> <br />75.C. HOUSING AUTHORITY BOND ISSUE - JACK D. MILLER - <br /> 1516-1602 N. ROSS <br /> <br /> (Public hearing was closed December 16, 1985.) <br /> <br />Request received fr~n Jack D. Miller to include the 105-unit apar~nent <br />project located at 1516-1602 N. Ross in a Santa Ana Housing Authority <br />Bond issue. <br /> <br />MOTION: Direct staff to initiate bond issue proceedings. <br /> <br />MOTION: Acosta SECOND: Johnson <br /> <br />VOTE: AYES: <br /> NOES: <br /> ABSENT: <br /> <br />Acosta, Hart, Johnson, Luxembourger <br />None <br />Griset, McGuigan, Young FILE 615.40 <br /> <br />75.D. HOUSING POLICY REPORT <br /> <br />The Vice Mayor opened the public hearing concerning the City's Policy <br />Report relative to the issuance of single f~nily mortgage revenue <br />bonds in c~mpliance with Internal Revenue Section 103A(j)(5). <br /> <br />George Gragg, Community Preservation Manager, presented the staff <br />report and reco~nendations. <br /> <br />The Clerk of the Council reported no written c~l~,unications. <br /> <br />There were no speakers. The Vice Mayor closed the public hearing. <br /> <br />MOTION: 1) <br /> <br />Approve the City's Policy Report concerning <br />issuance of single-family mortgage revenue bonds <br />in compliance with Internal Revenue Section <br />t03A(j)(5) for sukmission to the Secretary of the <br />Treasury, and approve publication of a notice of <br />the availability of the Report. <br /> <br />2) Adopt the following resolution. <br /> <br />RESOLUTION NO. 85-160 - A RESOLUTION OF THE CITY COUNCIL OF THE CITY <br />OF SANTA ANA APPROVING A HOUSING POLICY REPORT UNDER INTERNAL REVENUE <br />CODE SECTION 103A AND DIRECTING ITS PUBLICATION. <br /> <br />MOTION: Acosta SECOND: Luxembourger <br /> <br />VOTE: <br /> <br />AYES: <br />NOES: <br />ABSENT: <br /> <br />Acosta, Hart, Johnson, Luxe~bourger <br />None <br />Griset, McGuigan, Young FILE 615.40 <br /> <br />CITY COUNCIL MINUTES 594 DECS~BER 17, 1985 <br /> <br /> <br />
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