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File #: 21-0734    Version: 1 Name: AUTHORIZATION FOR THE ISSUANCE OF REVENUE BONDS BY CALIFORNIA STATEWIDE COMMUNITY DEVELOPMENT AUTHORITY
Type: CC- Consent - Resolution Status: Agenda Ready
File created: 7/26/2021 In control: City Council
On agenda: 8/31/2021 Final action: 8/31/2021
Title: RESOLUTION - APPROVAL OF THE ISSUANCE OF REVENUE BONDS BY CALIFORNIA STATEWIDE COMMUNITY DEVELOPMENT AUTHORITY COMMUNITY IMPROVEMENT AUTHORITY AND AUTHORIZATION TO ENTER INTO A PUBLIC BENEFIT AGREEMENT FOR THE ACQUISITION OF 220-240 BURT STREET - VINEYARD GARDEN APARTMENTS RECOMMENDATION: It is recommended by the Housing & Community Services Department that the Council, by resolution: 1) approve the issuance of revenue bonds by California Statewide Community Development Authority (CSCDA) Community Improvement Authority for the purpose of financing the acquisition of the Vineyard Garden Apartments located at 220-240 Burt Street, Santa Rosa; and 2) authorize the Director of Housing and Community Services to execute the Public Benefit Agreement between the City of Santa Rosa and CSCDA Community Improvement Authority.
Sponsors: Housing and Community Services
Indexes: Not a Project
Code sections: 15378 - Not a Project
Attachments: 1. Staff Report, 2. Resolution, 3. Exhibit A - CSCDA CIA 4134-7659-4982, 4. Presentation
Related files: 21-0333