City Council

(3)\n21-0215-S1\nCD 14\nMOTION (JUARDO - BLUMENFIELD) and RESOLUTION relative to\nissuing bonds in an aggregate principal amount not to exceed\n$30,572,770 for the purpose of financing, refinancing, and/or\nreimbursing the cost of acquisition, construction, improvement and\nequipping of certain educational facilities 97-unit multifamily housing\ndevelopment located at 3016 North Main Street in Council District 14.\nRecommendations for Council action, SUBJECT TO THE APPROVAL\nOF THE MAYOR:\n1. CONSIDER the results, attached to the Motion, of the Tax\nEquity and Fiscal Responsibility Act (TEFRA) public hearing\nheld on December 29, 2025 for the Brine Residential, located at\n3016 North Main Street.\n2. ADOPT the accompanying TEFRA RESOLUTION to approve\nthe issuance of bonds in an amount not to exceed $30,572,770\nfor the new construction of a 97-unit multifamily housing\ndevelopment, located at 3016 North Main Street in Council\nDistrict 14.\nItems for which Public Hearings Have Been Held