CC MIN 2020-02-10 Closed and Joint SA PFA

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Recommendation: By motion, waive first reading and introduce ordinance amendments to Chapter 27 of the Redwood City Municipal Code to adopt a fats, oils and grease program, and to add enforcement provisions. CEQA: This is not a project under California Environmental Quality Act (CEQA) 6.K. Approve Minutes of January 27, 2020 City Council meeting (301) MO 20-018 61. Approve claims and checks from February 10, 2020 -February 24, 2020 and the usual and necessary payments through February 24, 2020 (303) MO 20-019 7. PUBLIC HEARING 7.A. Tax Equity and Fiscal Responsibility Act (TEFRA) hearing regarding issuance of tax exempt bonds by the California Statewide Communities Development Authority (CSCDA) for the Hallmark House Apartments and resolution approving the issuance of bonds (454) Reso (0007) 15824 Housing Leadership Manager Alin Lancaster introduced the item and from the California Statewide Communities Development Authority (CSCDA) made a brief presentation. Mayor Howard opened the Public Hearing. There was no public comment. Motion and second, Bain and Masur, to close the Public Hearing, passed unanimously by voice vote. Recommendation: 1. Conduct a Tax Equity and Fiscal Responsibility Act (TEFRA) hearing in consideration of the issuance of tax exempt bond financing by the California Statewide Communities Development Authority (CSCDA) for the benefit of Hallmark 2017, L.P., to provide financing for the acquisition, rehabilitation, improvement, and equipping of a 72 -unit affordable multifamily rental housing project generally known as Hallmark House Apartments; and 2. Adopt a resolution approving the issuance of bonds by the CSCDA not to exceed $25,000,000, for the benefit of Hallmark 2017, L.P., to provide financing for the acquisition, rehabilitation, improvement, and equipping of a 72 -unit affordable multifamily rental housing project generally known as Hallmark House Apartments. Page 5 of 7