pages: CityCouncil/2018-10-16.pdf, 13
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CityCouncil | 2018-10-16 | 13 | (18-588) Introduction of Ordinance Authorizing the Interim City Manager to Execute Documents Necessary to Implement a Ten-Year Lease with SpinLaunch Inc., a California Corporation, for Building 530, Located at 120 West Oriskany Avenue at Alameda Point. Not heard. (18-589) SUMMARY: Public Hearing to Facilitate a Tax-Exempt Bond Financing for Acquisition, Construction, Improvement, and Equipping of the Site A Affordable Family and Senior Projects by Eden Housing Public Hearing Under the Tax Equity and Fiscal Responsibility Act (TEFRA) to Consider Resolution No. 15447, "Approving the Issuance of Revenue Bonds by the California Municipal Finance Authority in an Aggregate Principal Amount Not to Exceed $45,000,000 to Finance a 70-Unit Multifamily Rental Housing Facility for Low- and Very Low-Income Families for the Benefit of Eden Housing Inc., or a Limited Partnership to be Established by Eden Housing Inc. (or an Affiliate). Adopted; and (18-589 A) Resolution No. 15448, "Approving the Issuance of Revenue Bonds by the California Municipal Finance Authority in an Aggregate Principal Amount Not to Exceed $40,000,000 to Finance a 60-Unit Multifamily Rental Housing Facility for Low- and Very Low-Income Seniors for the Benefit of Eden Housing Inc., or a Limited Partnership to be Established by Eden Housing Inc. (or an Affiliate). These Revenue Bonds will provide for the financing of the Site A Affordable Family and Senior Projects." Adopted. Councilmember Ezzy Ashcraft moved approval of both revenue bonds that are necessary for the low and very-low income family housing adoption of the resolutions. Vice Mayor Vella seconded the motion, which carried by unanimous voice vote - 5. (18-590) Public Hearing to Consider Resolution No. 15449, "Calling a Special Election Regarding Alteration of the Rate and Method of Apportionment of Special Taxes for Community Facilities District No. 17-1 (Alameda Point Public Services District). " Adopted; and (18-590 A) Resolution No. 15450, "Amending the Fiscal Year 2018-19 Budget for the Community Facilities District 17-1 Fund by Increasing Estimated Revenue by $174,051 and Increasing the Expenditure Budget by $35,000." Adopted. Councilmember Oddie moved adoption of the resolutions. Vice Mayor Vella seconded the motion, which carried by unanimous voice vote - 5. Mayor Spencer called a recess at 9:20 p.m. and reconvened at 9:28 p.m. (18-591) Resolution No. 15451, "Amending Master Fee Resolution No. 12191 to Revise Fees to Add New Cannabis Business Operator and Regulatory Fees." Adopted; Regular Meeting Alameda City Council 10 October 16, 2018 | CityCouncil/2018-10-16.pdf |