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<br /> <br /> Legal Notice published in the Orange County Reporter on October 23, 2017 <br /> <br /> APPLICANT REQUESTED ACTIONS: <br /> <br />1. Conduct a Tax Equity and Financial Responsibility Act (TEFRA) Hearing in <br />consideration of the issuance of tax exempt bond financing by the California <br />Municipal Finance Authority on behalf of the Santa Ana Pacific Associates, L.P. <br />(the “Borrower”), for the benefit of First Point Apartments (the “Project”) to <br />finance the acquisition, construction, improvement and equipping of First Point <br />Apartments, a 346-unit multifamily rental housing project. <br /> <br />2. Adopt a resolution. <br /> <br /> RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA <br />APPROVING THE ISSUANCE OF THE CALIFORNIA MUNICIPAL FINANCE <br />AUTHORITY MULTIFAMILY HOUSING REVENUE BONDS IN AN <br />AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED $157,500,000 FOR <br />THE PURPOSE OF FINANCING OR REFINANCING THE ACQUISITION, <br />CONSTRUCTION, IMPROVEMENT AND EQUIPPING OF FIRST POINT <br />APARTMENTS AND CERTAIN OTHER MATTERS RELATING THERETO <br /> <br /> <br />75G. PUBLIC HEARING - ISSUANCE OF TAX EXEMPT BONDS FOR THE BENEFIT <br />OF FIRST POINT SENIOR APARTMENTS LOCATED AT 2110 EAST 1ST STREET, <br />AND RESOLUTION APPROVING THE ISSUANCE OF BONDS, SANTA ANA <br />PACIFIC ASSOCIATES II, L.P. {STRATEGIC PLAN NO. 5, 3} – Community <br />Development Agency <br /> <br /> Legal Notice published in the Orange County Reporter on October 23, 2017 <br /> <br /> APPLICANT REQUESTED ACTIONS: <br /> <br />1. Conduct a Tax Equity and Financial Responsibility Act (TEFRA) Hearing in <br />consideration of the issuance of tax exempt bond financing by the California <br />Municipal Finance Authority on behalf of the Santa Ana Pacific Associates II, <br />L.P. (the “Borrower”), for the benefit of First Point Senior Apartments (the <br />“Project”) to finance the acquisition, construction, improvement and equipping <br />of First Point Senior Apartments, a 348-unit senior multifamily rental housing <br />project. <br /> <br />2. Adopt a resolution. <br /> <br />RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA <br />APPROVING THE ISSUANCE OF THE CALIFORNIA MUNICIPAL FINANCE <br />AUTHORITY MULTIFAMILY HOUSING REVENUE BONDS IN AN <br />AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED $112,500,000 FOR <br />THE PURPOSE OF FINANCING OR REFINANCING THE ACQUISITION, <br />CONSTRUCTION, IMPROVEMENT AND EQUIPPING OF FIRST POINT <br />CITY COUNCIL AGENDA 13 NOVEMBER 7, 2017 <br /> <br /> <br />