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7.C. - Page 3 of 8 <br />ALTERNATIVES <br />The City could decide not to adopt the resolution which would prevent the Borrower from accessing <br />essential bond financing to support existing affordable housing. <br />ATTACHMENTS <br />1. Resolution <br />2. Notice of Public Hearing <br />REPORT PREPARED BY: <br />Rhonda L. Coffman, Housing & Grants Manager <br />rcoffman@redwoodcity.org <br />780-7299 <br />APPROVED BY: <br />Aaron Aknin, Assistant City Manager and Community Development Director <br />Melissa Stevenson Diaz, City Manager <br />City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.org <br />540 <br />