City Council

(3) 16­1439­S1 CD 14 MOTION (DE LEON ­ BLUMENFIELD) and RESOLUTION relative to the issuance of Multifamily Housing Revenue Bonds, in an amount not to exceed $16,000,000, to finance the new construction of the 41­unit multifamily housing development known as Colorado East (Project) located at 2451 Colorado Boulevard in Council District (CD) 14. 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) public hearing held on June 7, 2024 for the Project. 2. ADOPT the accompanying TEFRA RESOLUTION, attached to the Motion, approving the issuance of bonds in an amount not to exceed $16,000,000 for the new construction of a 41­unit multifamily housing Project located at 2451 Colorado Boulevard in CD 14. 1. CONSIDER the results of the Tax Equity and Fiscal Responsibility Act of 1982 (TEFRA) public hearing held on June 7, 2024 for the Project. 2. ADOPT the accompanying TEFRA RESOLUTION, attached to the Motion, approving the issuance of bonds in an amount not to exceed $16,000,000 for the new construction of a 41­unit multifamily housing Project located at 2451 Colorado Boulevard in CD 14.