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<br />SENIOR APARTMENTS AND CERTAIN OTHER MATTERS RELATING <br />THERETO <br /> <br /> <br />75H. PUBLIC HEARING - ISSUANCE OF TAX EXEMPT BONDS FOR THE BENEFIT <br />OF VILLA COURT SENIOR APARTMENTS LOCATED AT 2222 E. 1ST STREET, <br />AND RESOLUTION APPROVING THE ISSUANCE OF BONDS, SANTA ANA <br />SENIOR ASSOCIATES, 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 Senior Associates, L.P. <br />(the “Borrower”), for the benefit of Villa Court Senior Apartments (the <br />“Project”) to finance the acquisition, construction, improvement and equipping <br />of a 418-unit senior multifamily rental housing project generally known as Villa <br />Court Senior Apartments. <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 $156,000,000 FOR <br />THE PURPOSE OF FINANCING OR REFINANCING THE ACQUISITION, <br />CONSTRUCTION, IMPROVEMENT AND EQUIPPING OF VILLA COURT <br />SENIOR APARTMENTS AND CERTAIN OTHER MATTERS RELATING <br />THERETO <br /> <br /> <br />75I. PUBLIC HEARING: ADOPT A RESOLUTION TO AUTHORIZE NEGOTIATION <br />FOR THE SALE OF PORTIONS OF CITY-OWNED REAL PROPERTY AT 827, 829, <br />AND 907 NORTH BRISTOL STREET (NONGENERAL FUND) {STRATEGIC <br />PLAN NOS. 6, 1G; 3, 2C} – Public Works Agency <br /> <br /> Legal Notice published in the Orange County Reporter on October 27, 2017. <br /> <br /> RECOMMENDED ACTION: Adopt a resolution. (Requires five affirmative <br />votes) <br /> <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA <br />AUTHORIZING DIRECT NEGOTIATIONS FOR THE SALE OF PORTIONS OF <br />CITY-OWNED REAL PROPERTY AT 827 NORTH BRISTOL STREET, 829 NORTH <br />BRISTOL STREET AND 907 NORTH BRISTOL STREET <br /> <br />CITY COUNCIL AGENDA 14 NOVEMBER 7, 2017 <br /> <br /> <br />