Miami-Dade
Legislative Item File Number: 081887 |
Printable PDF Format Clerk's Official Copy |
File Number: 081887 | File Type: Resolution | Status: Adopted | ||||||
Version: 0 | Reference: R-803-08 | Control: Board of County Commissioners | ||||||
|
||||||||
Requester: NONE | Cost: | Final Action: 7/1/2008 | ||||||
|
||||||||
|
||||||||
|
||||||||
Sunset Provision: No | Effective Date: | Expiration Date: |
Registered Lobbyist: | None Listed |
Legislative History |
|||||||
Acting Body | Date | Agenda Item | Action | Sent To | Due Date | Returned | Pass/Fail |
|
|||||||
Board of County Commissioners | 7/1/2008 | 11A34 | Adopted | P | |||
|
|||||||
Board of County Commissioners | 6/17/2008 | 14A3 | 4 Day Rule Invoked | ||||
REPORT: | Commissioner Rolle invoked the 4 Day Rule on the foregoing resolution. | ||||||
|
|||||||
County Manager | 6/13/2008 | Additions | 6/17/2008 | ||||
|
|||||||
County Attorney | 6/12/2008 | Assigned | David S. Hope | ||||
|
Legislative Text |
TITLE RESOLUTION APPROVING ONE OR MORE SERIES OF HOUSING FINANCE AUTHORITY OF MIAMI-DADE COUNTY (FLORIDA) MULTIFAMILY MORTGAGE REVENUE BONDS IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED $12,000,000 TO FINANCE THE ACQUISITION, CONSTRUCTION OR REHABILITATION OF A MULTIFAMILY HOUSING DEVELOPMENT TO BE KNOWN AS NOTRE DAME APARTMENTS; AUTHORIZING THE HOUSING FINANCE AUTHORITY TO DO ALL THINGS NECESSARY IN CONNECTION WITH ISSUANCE, SALE, EXECUTION AND DELIVERY OF BONDS; AND PROVIDING FOR SEVERABILITY AND EFFECTIVE DATE. BODY WHEREAS, Notre Dame Apartments, LLC, has applied to the Housing Finance Authority of Miami-Dade County (Florida) (the �Authority�) for multifamily mortgage revenue bond financing assistance in an aggregate principal amount not to exceed $12,000,000.00 in one (1) or more series (the �Bonds�) to (i) finance the acquisition, construction or rehabilitation of Notre Dame Apartments located on NW 57th Street and NW 2nd Avenue, in Miami, Florida, a rental housing development to be occupied by persons or families of low, moderate or middle income to be operated and managed by Notre Dame Apartments, LLC (the �Development�), and (ii) pay certain bond issuance costs; and WHEREAS, the Authority passed Resolution No. HFA 08-05 on June 9, 2008, attached hereto as Exhibit A and incorporated by reference, which resolution approved financing of the Development and recommended approval, subject to a favorable TEFRA hearing (as hereinafter defined) and otherwise, by the Board of County Commissioners of Miami-Dade County, Florida (the �Board�) of the Development and the proposed multifamily mortgage revenue bond financing; and WHEREAS, the Authority conducted a TEFRA hearing, notice of which hearing was published on May 22, 2008, in the Miami Daily Business Review (a copy of said notice is attached hereto as Exhibit B and incorporated herein), on June 11, 2008, for the purpose of considering the issuance of the Bonds by the Authority, in conformance with the requirements of the Tax Equity and Fiscal Responsibility Act of 1982 (�TEFRA�) and Section 147(f) of the Internal Revenue Code of 1986, and such public hearing disclosed no reason why the Bonds should not be issued; and WHEREAS, the Development will inure to the benefit of the citizens of Miami-Dade County, Florida, NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF MIAMI-DADE COUNTY, FLORIDA, that the Board: (i) approves one (1) or more series of multifamily mortgage revenue bonds by the Authority in an aggregate principal amount not to exceed $12,000,000 to finance the acquisition, construction or rehabilitation of the Development; and (ii) authorizes the Authority to do all things necessary in connection with issuance, sale, execution and delivery of bonds. |
Home |
Agendas |
Minutes |
Legislative Search |
Lobbyist Registration |
Legislative Reports
Home | Using Our Site | About | Phone Directory | Privacy | Disclaimer
E-mail your comments,
questions and suggestions to
Webmaster
|