Title
Multi-Family Housing Tax-Exempt Bond Financing and Exempt Surplus Land Act Declaration for 1020 Terra Bella Avenue
Recommended Action
1. Adopt a Resolution of the City Council of the City of Mountain View Approving a Plan of Finance of the California Municipal Finance Authority to Issue and Reissue Revenue Bonds With An Aggregate Principal Amount Not To Exceed Thirty-Five Million Dollars ($35,000,000) to Finance a Residential Rental Project Located At 1020 Terra Bella Avenue, and Certain Other Matters Relating Thereto, to be read in title only, further reading waived (Attachment 1 to the Council report).
2. Adopt a Resolution of the City Council of the City of Mountain View Declaring the Real Property Located at 1020 Terra Bella Avenue, Which is Intended to be Acquired and Immediately Leased Back to the Developer, to be Exempt Surplus Land Pursuant to the Surplus Land Act, to be read in title only, further reading waived (Attachment 2 to the Council report).