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2. EXCUSED ABSENCES <br />MOTION: Excuse Housing Authority Members Sarmiento and Tinajero. <br />**~ END OF CONSENTCALENDAR*~* <br />BUSINESS CALENDAR ITEM <br />CONVENED A JOINT PUBLIC HEARING OF THE CITY COUNCIL AND THE HOUSING <br />AUTHORITY (AT 7:45 P.M.} <br />3. JOINT PUBLIC HEARING -MORTGAGE REVENUE BOND INDUCEMENT AND <br />TEFRA ON ISSUANCE OF TAX-EXEMPT BONDS WITH WASHINGTON PLACE <br />MANAGEMENT, LLC <br />Legal Notice published in the O.C. Register on July 23, 2012 and July 30, 2012. <br />Chair Pulido opened the Public Hearing. There were no speakers and the Hearing <br />closed. <br />MOTION: Adopt a resolution relating to the issuance of bonds for the purpose of <br />financing the acquisition and rehabilitation of multifamily rental housing located <br />at 1401 N. Flower Street. <br />MOTION: Alvarez <br />VOTE: AYES: <br />NOES: <br />ABSTAIN: <br />ABSENT: <br />SECOND: Benavides <br />Alvarez, Benavides, Martinez, Pulido, <br />None (0) <br />None (0) <br />Bustamante, Sarmiento, Tinajero (3) <br />4. HOUSING AUTHORITY MEMBER COMMENTS -None <br />ADJOURNED-7:49 P.M. <br />Maria D. Huizar, <br />Recording Secretary <br />HOUSING AUTHORITY MINUTES 2 AUGUST 6, 2012 <br />