Laserfiche WebLink
<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 AQUA APARTMENTS <br /> <br /> <br />75D. PUBLIC HEARING - TAX EQUITY AND FISCAL RESPONSIBILITY (TEFRA) - <br />ISSUANCE OF TAX EXEMPT BONDS FOR THE BENEFIT OF CORNERSTONE <br />APARTMENTS, LOCATED AT 805-904 SOUTH MINNIE STREET AND <br />RESOLUTION APPROVING THE ISSUANCE OF BONDS {STRATEGIC PLAN <br />NO. 5, 3) - 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 (TEFRA) Hearing in <br />consideration of the issuance of tax exempt bond financing by the California <br />Municipal Finance Authority (the “Authority”) on behalf of Cornerstone <br />Housing Partners LP (the “Borrower”), for the benefit of Cornerstone <br />Apartments (the “Project”) for the acquisition, rehabilitation, improvement and <br />equipping of a 126-unit multifamily rental housing project located at 805 - 904 <br />South Minnie Street, Santa Ana, California. <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 $23,000,000 FOR THE <br />PURPOSE OF FINANCING OR REFINANCING THE ACQUISITION, <br />REHABILITATION, IMPROVEMENT AND EQUIPPING OF CORNERSTONE <br />APARTMENTS AND CERTAIN OTHER MATTERS RELATING THERETO <br /> <br /> <br />75E. PUBLIC HEARING - TAX EQUITY AND FISCAL RESPONSIBILITY (TEFRA) - <br />ISSUANCE OF TAX EXEMPT BONDS FOR THE BENEFIT OF FIRST POINT <br />ST <br />APARTMENTS I, LOCATED AT 2114 E. 1 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 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, a <br />CITY COUNCIL AGENDA 18 DECEMBER 19, 2017 <br /> <br /> <br />