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6.J.- Page 6of7 <br />equipping of a 125 -unit affordable multifamily rental housing project generally <br />known as 353 Main Street Family Apartments. <br />CEQA: <br />This is not a project under California Environmental Quality Act (CEQA) <br />Jon Penkower, Managing Director for California Statewide Communities <br />Development Authority made a presentation. <br />Mayor Bain opened the public hearing. There was no public comment. <br />M/S Borgens/Gee to close the public hearing. The motion passes unanimously <br />by voice vote. <br />M/S Gee/Seybert to adopt Resolution 15716 approving the issuance of Bonds <br />by the CSCDA not to exceed $70,000,000 for the benefit of 353 Main Street <br />Family Apartments, L.P., to provide financing for the acquisition, construction, <br />improvement and equipping of a 125 -unit affordable multifamily rental housing <br />project generally known as 353 Main Street Family Apartments. The motion <br />passes unanimously by electronic vote. <br />8. STAFF REPORTS - NONE <br />9. MATTERS OF COUNCIL INTEREST <br />9.A. City Council Member Report of Conferences Attended <br />A. Conference Report <br />9.13. City Council Committee Reports <br />9.C. City Manager (Oral) Update <br />City Manager Stevenson -Diaz reported on the following: <br />• Election Day on November 6 <br />• EI Camino Real Corridor Study <br />• Child Care Center locator map <br />• New City blogs <br />10. ADJOURNMENT <br />M/S Borgens/Masur to adjourn the meeting passes unanimously. The meeting was <br />adjourned at 7:50 p.m. <br />Page 6 of 7 <br />123 <br />