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2001-03-05
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2001-03-05
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5/13/2003 11:30:45 AM
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BUSINESS CALENDAR <br />MISCELLANEOUS REPORT <br />65.A. HISTORIC DESIGNATION MARKER PROGRAM <br />Motion: Approve the Historic Designation Marker Program. <br />MOTION: Bist SECOND: Franklin <br />VOTE: AYES: Alvarez, Bist, Christy, Franklin, McGuigan, <br />Pulido, Solorio (7) <br />NOES: None (0) <br />PUBLIC HEARINGS <br />Mayor Pulido declared a conflict of interest on Item 75.A and left the meeting for this <br />item only. <br />75.A. MULTIFAMILY HOUSING REVENUE BONDS - SOUTH MINNIE <br />STREET <br />Public hearing to consider approval of the issuance by the Housing <br />Authority of the City of Santa Ana (the "Authority") of multifamily housing <br />revenue bonds (the 'Bonds") in a principal amount not to exceed eight <br />million three hundred thousand dollars ($8,300,000) to assist in the <br />permanent financing of the acquisition and rehabilitation of a 127-unit <br />multifamily rental housing development to be commonly known as <br />Cornerstone Village Apartments (the `Project'). The Project is to be <br />located at 805, 810, 815, 816, 825, 828, 835 and 904 South Minnie <br />Street <br />The owner of the Project is expected to be Civic Center Barrio Housing <br />Corporation and Avalon Communities, or a limited partnership or a <br />limited liability company to be formed by such entities. The Bonds will <br />not constitute an indebtedness or obligation, or a pledge of the faith and <br />credit of, the City or the Authority <br />Legal Notice published in the Orange County Register on February 23, <br />2001 <br />Presentation of staff report by Community Development Agency <br />Executive Director John Reekstin <br />Presentation of written communications by Clerk of the Council : None <br />CITY COUNCIL MINUTES 85 MARCH 5, 2001 <br />
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