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75C - PH - TEFRA AQUA
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75C - PH - TEFRA AQUA
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Last modified
12/14/2017 7:53:22 PM
Creation date
12/14/2017 7:46:35 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
75C
Date
12/19/2017
Destruction Year
2022
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NOTICE OF PUBLIC HEARING <br />REGARDING ISSUANCE OF <br />MULTIFAMILY HOUSING REVENUE BONDS FOR <br />AQUA APARTMENTS <br />NOTICE IS HEREBY GIVEN that, at 5:45 p.m., or as soon thereafter as the matter can be <br />heard, on Tuesday, December 19, 2017, at the City Council Chambers, 22 Civic Center Plaza, <br />Santa Ana, California, the City Council of the City of Santa Ana (the "City") will conduct a public <br />hearing as required by Section 147(f) of the Internal Revenue Code of 1986, at which it will hear <br />and consider information concerning a proposed plan of financing providing for the Issuance by <br />the California Statewide Communities Development Authority of multifamily housing revenue <br />bonds in one or more series issued from time to time, including bonds Issued to refund such <br />revenue bonds in one or more series from time to time, and at no time to exceed $30,000,000 in <br />outstanding aggregate principal amount, to finance the acquisition, construction and development <br />of a 57 -unit multifamily rental housing project located at 317 E. I r Street, Santa Ana, California. <br />The facilities are to be owned by Aqua Housing LP (the `Borrower") or a partnership created by <br />Community Development Partners (the "Developer"), consisting at least of the Developer or a <br />related person to the Developer and one or more limited partners, operated by Solari Enterprises, <br />Inc., and are generally known as Aqua Apartments (the "Project ). <br />Those wishing to comment on the proposed financing and the nature and location of the <br />Project may either appear in person at the public hearing or submit written comments, which must <br />be received by the City prior to the hearing. Written comments should be sent to City of Santa <br />Ana at 20 Civic Center Plaza, 8th Floor, Santa Ana, California 92702 Attention: City Clerk. <br />CITY CLERK <br />CITY OF SANTA ANA <br />Dated: December 4, 2017 <br />75C-11 <br />
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