City Council

(36)\n25-1127\nMOTION (NAZARIAN - HERNANDEZ) and RESOLUTION relative to\nthe issuance of revenue bonds or notes for a 91-unit multifamily\nhousing project(Project) located at 10953 Whipple Street in Council\nDistrict Two (CD 2).\nRecommendations for Council action, SUBJECT TO THE APPROVAL\nOF THE MAYOR:\n1. CONSIDER the results of the Tax Equity and Fiscal\nResponsibility Act of 1982 (TEFRA) public hearing held on July\n23, 2025 for the Project, attached to the Motion.\n2. ADOPT the accompanying TEFRA RESOLUTION, attached to\nthe Motion, approving the issuance or reissuance of bonds in an\namount not to exceed $25,000,000 to finance and/or refinance\nthe acquisition, construction, improvement, renovation,\nfurnishing, and equipping of a 91-unit multifamily housing\nproject located at 10953 Whipple Street in CD 2.