City Council

8. RESOLUTION AUTHORIZING THE LOS ANGELES COUNTY DEVELOPMENT AUTHORITY TO\nISSUE BONDS TO FINANCE THE DEVELOPMENT OF THE VETERAN COMMONS HOUSING\nDEVELOPMENT: Administration.\nTHAT THE CITY COUNCIL:\nADOPT RESOLUTION NO. 25- 8298, AUTHORIZING THE LOS ANGELES COUNTY\nDEVELOPMENT AUTHORITY TO ISSUE BONDS OR NOTES IN AN AMOUNT NOT TO\nEXCEED $ 44, 000, 000 AND MAKE OR ACQUIRE MORTGAGE LOANS TO FINANCE THE\nDEVELOPMENT OF A MULTIFAMILY RENTAL HOUSING PROJECT IN THE CITY OF\nDOWNEY.