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03 PH - MORT REV BOND INDUCEMENT EX 1 2012-08-06.doc
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03 PH - MORT REV BOND INDUCEMENT EX 1 2012-08-06.doc
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Last modified
3/13/2013 4:08:38 PM
Creation date
3/7/2013 3:51:27 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Date
8/6/2012
Destruction Year
2017
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~~ <br />T 6, 2012 <br />9 <br /> <br />w ,~ ~~~, <br />a <br />3 <br />r'a~ <br />~;, Ks & aac <br />`3'r <br />1. "~ <br />+~~ <br />' <br />e ~ <br />h~w3 E <br />I ~ <br />~ <br />' ~ , <br />, <br />.. <br />, <br />"~w <br />~. 5 <br />;,~xi;z.... } Y <br />«t <br />~~ <br />~; <br />y•` <br />U LI H I ~ A <br />I U T ISS F <br />EXEMPT 11A I ~ PLACE <br />A AGE T, LLC <br /> <br /> <br /> <br /> <br />.. ~s <br />~ _ ~a <br /> <br /> . ~~~ <br />~~ <br />~r- <br />R /j <br />,''' ~' t ` ~1 ~,/ <br />.y .~ . w <br />w ~ ; <br />CITY COUNCIL A IN <br />1. Hold a TERA Tax Equity and Financial Responsibility Act} Hearing in consideration of the <br />issuance of multi-family housing revenue bonds by the Housing Authority of the City of <br />Santa Ana for the purpose of financing the acquisition and rehabilitation of 1401 N. <br />Flower Street by Washington Place Management, LLC. <br />2. Adopt a resolution approving the issuance of tax-exempt bonds for the project. <br />UI AT ITY ACTIGN <br />Adopt a resolution relating to the issuance of bonds forthe purpose of financing the acquisition and <br />rehabilitation of multifamily rental housing located at 1401 N. Flower Street. <br />M U ITY L TAN UI C I I CJ i <br />At its regular meeting on July 17, 2012, by a vote of 5°0 (Wooten and Reyes absent), the <br />Community Redevelopment and Housing Commission adopted a resolution recommending <br />approval of the issuance of multifamily housing revenue bonds by the Housing Authority of the City <br />of Santa Ana for the purpose of financing the acquisition and rehabilitation of multifamily rental <br />housing. <br />
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