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BIJINE A~.ENDAR
<br />CITYCUNCILATION
<br />Recommend that the City Council:
<br />~ , Hold a TEFRA Tax Equity and 1=financial Responsibility Act}
<br />Hearing in consideration of the issuance of multi~farnlly housing
<br />revenue bonds by the Housing Authority of the City of Santa Ana
<br />forthe purpose offinancing the acquisition and rehabilitation of
<br />seventeen properties located at ~~0~, ~ X09, ~ 2~ ~, ~ ~2~, ~ ~~~,
<br />~ 2~9, and ~ X33 East ~Iliishlre and ~ 40~, ~ 403, ~ 4q, ~ 4~ 3, ~4~~,
<br />~4~, ~i4~9, X433, X431, and X430 youth ll~linnie by
<br />VI~ilshire~Minnie, L.P.
<br />~. Adopt a resolution approving the issuance oftax-exempt bonds
<br />for the projeot,
<br />3. Direct the City Attorney to prepare a loan agreement With
<br />ilshirelMinnie, L.P.~ for the acquisition and rehabilitation of
<br />1~0~, ~~0, ~~~3, ~~~, ~~~5, X229, and ~~3 East Wilshire and
<br />~ ~~~ , ~ ~~, '~ ~~, ~ 4~ ~, ~ ~~'I , '~ ~~~ '~ ~~~, ~ ~~~, '~ ~~~, and ~ ~~~
<br />youth Minnie in a total amount not to exceed ~,4 million.
<br />C~MMUIViTY REDEVELPMENTACENCYACTI~N
<br />Recommend that the Community Redevelopment Agency direct the
<br />Agency enerar Counsel to prepare and authorize the Executive
<br />Director to execute loan agreements for the ac uisition and
<br />q
<br />rehabilitation of ~ 20~, ~ 209, ~ ~~ , ~ 22~, ~ 22~, ~ 2~,and ~ 233 East
<br />Wilshire end ~ 40~, ~ X403, ~ 409, ~ 4~ 3, ~ 4~~, '142, ~ 429, ~ 433, ~ 431, and
<br />X439 youth Minnie v~rith 1~Vllshire~Minnie, L=P. in a fatal amount not to
<br />exceed ~,~ million.
<br />H~UIN AUTH~RITYACTIN
<br />Recommend that the Housing Authority adopt a resolution relating to
<br />the Issuance of bonds farthe purpose of financingthe acquisition and
<br />rehabilitation of seventeen properties located at ~20~, X1209, ~2~, ~~~~,
<br />~ ~~~, ~ 22g, and X233 East Wilshire and ~ 40~, ~ 403, X409, ~ 4~ 3, ~ 42~,
<br />~42~, ~4~29, X433, ~43~, and X439 youth Minnie by VllilshirelMinnie, L.P.
<br />RHC special Mee#~ng Minutes ~ December 93, 2~0~
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