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6.J. - Page 5 of 7 <br />M/S Seybert/Aguirre to adopt Resolution 15715 designating the structure at <br />127 Finger Avenue, Redwood City, California as a Historic Landmark passes <br />unanimously and approve and authorize the City Manager to execute and <br />record a Historic Property Preservation Agreement for said property. The <br />motion passes unanimously by electronic vote. <br />7.13. Consideration of Historic Property Preservation Agreement (Mills Act <br />Contract) for a residence at 221 Standish Street (APN:052-254-070) (612) <br />►fTi[e7ir-&4 ►a <br />Recommendation: <br />Hold a public hearing and, by motion, approve and authorize the City Manager <br />to execute and record an Historic Property Preservation Agreement for the <br />residence at 221 Standish Street. <br />CEQA: <br />Categorically Exempt - Class 8 (Actions by Regulatory Agencies for Protection of <br />the Environment) and Class 31 (Historical resource restoration/rehabilitation). <br />Associate Planner William Chiu made a presentation. <br />Mayor Bain opened the public hearing. There was no public comment. <br />M/S Masur/Seybert to close the public hearing. The motion passes <br />unanimously by voice vote. <br />M/S Howard/Borgens to approve and authorize the City Manager to execute <br />and record an Historic Property Preservation Agreement for the residence at <br />221 Standish Street. The motion passes unanimously by electronic vote. <br />7.C. Tax Equity and Fiscal Responsibility Act (TEFRA) Hearing - Regarding Issuance <br />of Multifamily Housing Revenue Bonds by the California Statewide <br />Communities Development Authority (CSCDA) for the benefit of 353 Main <br />Street Family Apartments, L.P. (454) <br />Recommendation: <br />Reso.15716 <br />1. Conduct a TEFRA Hearing in consideration of the issuance of tax exempt bond <br />financing by the California Statewide Communities Development Authority <br />(CSCDA) for the benefit of 353 Main Street Family Apartments, L.P., to provide <br />financing for the acquisition, construction, improvement, and equipping of a <br />125 -unit affordable multifamily rental housing project generally known as 353 <br />Main Street Family Apartments. <br />2. Adopt a resolution approving the issuance of Bonds by the CSCDA not to <br />exceed $70,000,000, for the benefit of 353 Main Street Family Apartments, L.P., <br />to provide financing for the acquisition, construction, improvement, and <br />Page 5of7 <br />122 <br />