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A. Public Hearing on Issuance of Tax Exempt Bonds for the Hallmark <br /> House Apartments and Resolution Approving the issuance of Bonds <br /> (404) <br /> 1 . Staff Report; <br /> 2 . Open public hearing ; <br /> Mayor Seybert opened the public hearing . <br /> 3 . Hear public comment - None <br /> 4 . Close public hearing ; <br /> M/S Borgens/Gee to close public hearing . Motion carried <br /> unanimously by voice vote. <br /> 5 . Council discussion ; <br /> Recommendation : <br /> 1 . Conduct a Tax Equity and Fiscal Responsibility Act Hearing in <br /> consideration of the issuance of tax exempt bond financing by the California <br /> Statewide Communities Development Authority for the benefit of KDF <br /> Hallmark LP , to provide financing for the acquisition , rehabilitation , <br /> improvement, and equipping of a 72-unit multifamily rental housing project <br /> generally known as Hallmark House Apartments <br /> 2 . Adopt a resolution approving the issuance of Bonds by the California <br /> Statewide Communities Development Authority not to exceed $ 15 , 000 , 000, <br /> for the benefit of KDF Hallmark LP , to provide financing for the acquisition , <br /> rehabilitation , improvement, and equipping of a 72-unit multifamily rental <br /> housing project generally known as Hallmark House Apartments <br /> RESOLUTION NO. 15514 OF THE CITY COUNCIL OF THE CITY OF REDWOOD <br /> CITY APPROVING THE ISSUANCE BY THE CALIFORNIA STATEWIDE <br /> COMMUNITIES DEVELOPMENT AUTHORITY OF MULTIFAMILY HOUSING <br /> REVENUE BONDS FOR THE HALLMARK HOUSE APARTMENTS <br /> M/S Aguirre/Gee to conduct a Tax Equity and Fiscal Responsibility Act <br /> Hearing in consideration of the issuance of tax exempt bond financing by the <br /> California Statewide Communities Development Authority for the benefit of <br /> KDF Hallmark LP , to provide financing for the acquisition , rehabilitation , <br /> improvement and equipping of a 72-unit multifamily rental housing project <br /> generally known as Hallmark House Apartments and adopt a resolution <br /> approving the issuance of Bonds by the California Statewide Communities <br /> JOINT CITY COUNCIL/SUCCESSOR AGENCY BOARD/ July 25, 2016 <br /> PUBLIC FINANCING AUTHORITY MEETING MINUTES PAGE 7 <br /> MINUTE BOOK NO. 66 <br /> Page No. 151 <br />