File #: 190524   
Type: Consent Calendar Status: Passed
Meeting Body: City Council
On agenda: 9/17/2019
Title: Resolution to Join California Community Housing Agency
Attachments: 1. Council Report, 2. ATT 1 - Resolution

Title

Resolution to Join California Community Housing Agency

Recommended Action

Adopt a Resolution Authorizing the City to Become an Additional Member of the California Community Housing Agency; Supporting the California Community Housing Agency’s Issuance of Tax-Exempt Bonds for the Production, Preservation, and Protection of Middle-Income Rental Housing; and Authorizing the City Manager or His Designee to Enter Into Purchase Option Agreements with the California Community Housing Agency for Middle-Income Rental Housing Created Within City Limits, to be read in title only, further reading waived (Attachment 1 to the Council report).