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Harbor Pointe <br />Bond Amendments <br />March 6, 2000 <br />Page 2 <br />The property owners, <br />Authority consent to t <br />Credit which expires <br />Fannie Mae which will <br />Housing Authority will <br />tax exempt bonds, the <br />Credit. <br />F~SCA~, IMPACT <br />Carmel, i,LC have requested that the Housing <br />he substitution of the Bank of America Letter of <br />in December 2005, with a Letter of Credit from <br />remain in effect until the bonds mature. The <br />not be incurring any financial liability for these <br />project, or the substitution of the Letter of <br />There is no fiscal impact associated with this action. <br />Cynthia J. Ne .son <br />Dxecutive Director <br />H:Actians120a0 HA1Harbor Poin#e <br />`- <br />_ ~; <br />