File #: 203600   
Type: Consent Calendar Status: Agenda Ready
Meeting Body: City Council
On agenda: 12/12/2023
Title: Multi-Family Housing Tax-Exempt Bond Financing for 1265 Montecito Avenue
Attachments: 1. Council Report, 2. ATT 1 - Resolution

Title

Multi-Family Housing Tax-Exempt Bond Financing for 1265 Montecito Avenue

Recommendation

Adopt a Resolution of the City Council of the City of Mountain View Approving a Plan of Finance, Including the Issuance of Revenue Bonds by the California Municipal Finance Authority in an Aggregate Principal Amount Not to Exceed $55,000,000 to Finance and Refinance a Qualified Residential Rental Project for the Benefit of Montecito, L.P., a California Limited Partnership, and Certain Other Matters Relating Thereto, to be read in title only, further reading waived (Attachment 1 to the Council report).