Laserfiche WebLink
________________________________________________________________________________________________ <br />JOINT CITY COUNCIL/SUCCESSOR AGENCY BOARD/ September 12, 2016 <br />PUBLIC FINANCING AUTHORITY MEETING AGENDA PAGE 10 <br /> Recommendation: <br />Hold a public hearing and adopt a resolution designating the Main Street <br />Historic District Expansion area an Historic District, and designating the <br />properties at 847-849 Main Street, 935 Main Street, and 1101 Main Street as <br />Historic Landmarks <br /> <br /> RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDWOOD CITY <br />ADOPTING THE MAIN STREET HISTORIC DISTRICT EXPANSION AND <br />DESIGNATING THE PROPERTIES AT 847-849 MAIN STREET, 935 MAIN <br />STREET, AND 1101 MAIN STREET AS HISTORIC LANDMARKS <br /> <br /> C. Tax Equity and Fiscal Responsibility Act ("TEFRA") public hearing <br />regarding issuance of up to $110,000,000 of multifamily housing <br />revenue bonds by the California Public Finance Authority ("CalPFA") to <br />finance Anton Redwood City Apartments <br /> <br /> Staff contact: Rhonda Coffman, CDBG/HOME Administrator 780-7299 <br />rcoffman@redwoodcity.org <br /> <br />1. Staff Report; <br /> <br />2. Open public hearing; <br /> <br />3. Hear public comment; <br /> <br />4. Close public hearing; <br /> <br />5. Council discussion; <br /> <br /> Recommendation: <br />1. Conduct a Tax Equity and Fiscal Responsibility Act Hearing (TEFRA) <br />in consideration of the issuance of tax exempt bond financing by <br />CalPFA for Anton Redwood Apartments <br /> <br />2. Adopt a resolution approving the tax exempt financing and the <br />issuance of revenue bonds by CalPFA for Anton Redwood <br />Apartments to finance the acquisition and construction of the 250 unit <br />project located at 801 Brewster Avenue. The resolution will authorize <br />the Mayor or designee thereof to execute the Joint Exercise of <br />Powers Agreement authorizing Redwood City to join the CalPFA as <br />an additional member <br /> <br /> RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDWOOD CITY <br />APPROVING THE ISSUANCE BY THE CALIFORNIA PUBLIC FINANCE <br />AUTHORITY OF MULTIFAMILY HOUSING REVENUE BONDS IN AN <br />AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED $110,000,000 FOR THE <br />PURPOSE OF FINANCING OR REFINANCING THE ACQUISITION AND <br />CONSTRUCTION OF ANTON REDWOOD APARTMENTS AND CERTAIN OTHER <br />MATTERS RELATING THERETO <br />