City Council

(13) 24­0410 CD 9 MOTION (PRICE ­ HUTT) and RESOLUTION relative to issuing one or more series of revenue bonds or notes in an aggregate principal amount not to exceed $52,000,000 to finance and/or refinance the acquisition and rehabilitation of the 170­unit multifamily rental housing project at 3100 Vermont Avenue in Council District 9. Recommendations for Council action, SUBJECT TO THE APPROVAL OF THE MAYOR: 1. CONSIDER the results of the Tax Equity and Fiscal Responsibility Act of 1982 (TEFRA) hearing held on April 4, 2024, attached to the Motion. 2. ADOPT the accompanying TEFRA RESOLUTION, attached to the Motion, approving the issuance of bonds or notes in an aggregate principal amount not to exceed $52,000,000 to finance and/or refinance the acquisition and rehabilitation of the 170­unit multifamily rental housing project at 3100 Vermont Avenue in Council District 9. Items for which Public Hearings Have Been Held