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REQUEST FOR HOUSING <br />AUTHORITY /COUNCIU <br />AGENCY ACTION <br />MEETING DATE: <br />JANUARY 5, 2004 <br />10 <br />�ocaHon �sf <br />CLERK OF COUNCIL USE ONLY: <br />AUTHORIZATION OF MULTI- FAMILY HOUSING <br />REVENUE REFUNDING BONDS AND LOAN <br />AGREEMENTS WITH WAKEHAM - GRANT, LP <br />CITY MANAGER ECUTIVE DIRECTOR <br />RECOMMENDED ACTION <br />HOUSING AUTHORITY ACTION <br />Adopt a resolution authorizing <br />refunding bonds in an aggregate <br />Wakeham -Grant Apartments, a <br />authorize the Executive Director <br />documents as necessary. <br />CITY COUNCIL ACTION <br />APPROVED <br />El <br />As Recommended <br />El <br />As Amended <br />El <br />Ordinance on 1st Reading <br />1:1 <br />Ordinance on 2nd Reading <br />El <br />Implementing Resolution <br />El <br />Set Public Hearing For <br />CONTINUED TO <br />71��►UL�il:3q:l <br />issuance of multi - family housing revenue <br />amount not to exceed $6,000,000 for the <br />California Limited Partnership, and <br />of the Housing Authority to execute all <br />1. Approve an agreement with Wakeham -Grant Apartments, a California <br />Limited Partnership, to provide loans in the amount not to exceed <br />$1,900,000. <br />2. Direct the City Attorney to prepare, and authorize the Executive <br />Director of the Community Development Agency to execute agreements <br />and all other required documents as necessary. <br />COMMUNITY REDEVELOPMENT AGENCY <br />1. Approve an agreement with Wakeham -Grant Apartments, a California <br />Limited Partnership, to provide loans in the amount not to exceed <br />$1,000,000. <br />1 <br />