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7.C. - Page 7 of 8 <br />NOTICE OF PUBLIC HEARING <br />REGARDING ISSUANCE OF <br />MULTIFAMILY HOUSING REVENUE BONDS FOR <br />353 MAIN STREET FAMILY APARTMENTS <br />NOTICE IS HEREBY GIVEN that, at 7:00 p.m., or as soon thereafter as the matter <br />can be heard, on Monday, November 5, 2018, at the Council Chambers at City Hall, 1017 <br />Middlefield Road, Redwood City, California, the City Council of the City of Redwood City (the <br />"City") will conduct a public hearing as required by Section 147(f) of the Internal Revenue Code <br />of 1986, at which it will hear and consider information concerning a proposed plan of financing <br />providing for the issuance by the California Statewide Communities Development Authority of <br />multifamily housing revenue bonds in one or more series issued from time to time, including bonds <br />issued to refund such revenue bonds in one or more series from time to time, and at no time to <br />exceed $70,000,000 in outstanding aggregate principal amount, to finance or refinance the <br />acquisition and construction of a 125 -unit multifamily rental housing project located at 353 Main <br />Street, Redwood City, California. The facilities are to be owned by 353 Main Street Family <br />Apartments, L.P. (the "Borrower"), operated by FPI Management, Inc., and are generally known <br />as 353 Main Street Family Apartments (the "Project"). <br />Those wishing to comment on the proposed financing or refinancing and the nature <br />and location of the Project may either appear in person at the public hearing or submit written <br />comments, which must be received by the City prior to the hearing. Written comments should be <br />sent to City of Redwood City at 1017 Middlefield Road, Redwood City, California 94063, Attention: <br />City Clerk. <br />CITY CLERK <br />CITY OF REDWOOD CITY <br />Dated: October 19, 2018 <br />544 <br />