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Agenda 2019-02-11 Joint SA PFA
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Agenda 2019-02-11 Joint SA PFA
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Last modified
2/7/2019 5:12:20 PM
Creation date
2/7/2019 4:15:47 PM
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Template:
CC Index
CC Index - Document Type
Agenda
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
2/11/2019
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CEQA: <br />This is not a project under California Environmental Quality Act (CEQA) <br />6.F. Second reading of ordinances implementing City Charter Amendments <br />regarding the publication of ordinances and the publication of a Notice of <br />Public Hearing on the budget <br />Recommendation: <br />1. Waive second reading and adopt an ordinance regarding the publication of <br />ordinances; and <br />2. Waive second reading and adopt an ordinance regarding the publication of a <br />Notice of Public Hearing on the budget. <br />CEQA: <br />This is not a project under California Environmental Quality Act (CEQA) <br />6.G. Approve Draft Minutes from January 28, 2019 Council Meeting <br />6.H. Approve claims and checks from February 11 -February 25 and the usual and <br />necessary payments through February 25, 2019 <br />7. PUBLIC HEARINGS <br />7.A. Tax Equity and Fiscal Responsibility Act (TEFRA) Hearing regarding issuance of <br />Tax Exempt Bonds by the California Statewide Communities Development <br />Authority (CSCDA) for the Hallmark House Apartments and resolution <br />approving the issuance of bonds <br />Recommendation: <br />1. Conduct a Tax Equity and Fiscal Responsibility Act (TEFRA) Hearing in <br />consideration of the issuance of tax exempt bond financing by the California <br />Statewide Communities Development Authority (CSCDA) for the benefit of <br />Hallmark 2017, L.P., to provide financing for the acquisition, rehabilitation, <br />improvement, and equipping of a 72 -unit affordable multifamily rental housing <br />project generally known as Hallmark House Apartments. <br />2. Adopt a resolution approving the issuance of Bonds by the CSCDA not to <br />exceed $25,000,000, for the benefit of Hallmark 2017, L.P., to provide financing <br />for the acquisition, rehabilitation, improvement, and equipping of a 72 -unit <br />affordable multifamily rental housing project generally known as Hallmark <br />House Apartments. <br />CEQA: <br />This is not a project under California Environmental Quality Act (CEQA) <br />Page 4of5 <br />
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