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<br />DEVELOPMENT (SD) NO. 92 (AA NO. 2017-03) AND ADOPTING SPECIFIC <br />DEVELOPMENT NO. 92 (SD-92) FOR SAID PROPERTIES <br /> <br /> <br />75B. PUBLIC HEARING - TAX EQUITY AND FISCAL RESPONSIBILITY (TEFRA) - <br />ISSUANCE OF TAX EXEMPT BONDS FOR THE BENEFIT OF TINY TIM <br />APARTMENTS, LOCATED AT 2223 WEST FIFTH STREET AND RESOLUTION <br />APPROVING THE ISSUANCE OF BONDS {STRATEGIC PLAN NO. 5, 3) - <br />Community Development Agency <br /> <br />Legal Notice published in the Orange County Reporter on December 4, 2017. <br /> <br />APPLICANT REQUESTS: <br /> <br />1. Conduct a Tax Equity and Fiscal Responsibility Act Hearing in consideration of <br />the issuance of tax exempt bond financing by the California Statewide <br />Communities Development Authority (“CSCDA” or the “Authority”) on behalf <br />of Community Development Partners (the “Borrower”), for the benefit of Tiny <br />Tim Apartments (the “Project”) to finance the acquisition, construction, <br />improvement, and equipping of the Project, a 51-unit multifamily rental housing <br />project located at 2223 West Fifth Street, Santa Ana, California. <br /> <br />2. Adopt a resolution. <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA <br />APPROVING THE ISSUANCE BY THE CALIFORNIA STATEWIDE <br />COMMUNITIES DEVELOPMENT AUTHORITY OF MULTIFAMILY <br />HOUSING REVENUE BONDS FOR THE TINY TIM APARTMENTS <br /> <br /> <br />75C. PUBLIC HEARING - TAX EQUITY AND FISCAL RESPONSIBILITY (TEFRA) - <br />ISSUANCE OF TAX EXEMPT BONDS FOR THE BENEFIT OF AQUA <br />TH <br />APARTMENTS, LOCATED AT 317 EAST 17 STREET AND RESOLUTION <br />APPROVING THE ISSUANCE OF BONDS {STRATEGIC PLAN NO. 5, 3) - <br />Community Development Agency <br /> <br />Legal Notice published in the Orange County Reporter on December 4, 2017. <br /> <br />APPLICANT REQUESTS: <br /> <br />1. Conduct a Tax Equity and Fiscal Responsibility Act Hearing in consideration of <br />the issuance of tax exempt bond financing by the California Statewide <br />Communities Development Authority (“CSCDA” or the “Authority”) on behalf <br />of Community Development Partners (the “Borrower”), for the benefit of Aqua <br />Apartments (the “Project”) to finance the acquisition, rehabilitation, <br />improvement, and equipping of the Project, a 57-unit multifamily rental housing <br />project located at 317 East 17th Street, Santa Ana, California. <br /> <br />2. Adopt a resolution. <br />CITY COUNCIL AGENDA 17 DECEMBER 19, 2017 <br /> <br /> <br />