Anaheim

City Council

April 07, 2026 Item #15

Agenda Item 15

15.\nPublic hearing, pursuant to Section 147(f) of the Internal Revenue Code of 1986, to consider the\nissuance of certain tax-exempt bonds in an aggregate principal amount not to exceed $25,000 by\nthe California Municipal Finance Authority for the Hermosa Village Phase III affordable housing\nproject [1217 Lynne Avenue,1309 Lynne Avenue, 1329 Lynne Avenue, 1513 S. Hampstead\nStreet, 1525 S. Hampstead Street,1543 S. Hampstead Street, 1614 S. Hampstead Street, 1619\nS. Hampstead Street, 1620 S. Hampstead Street, 1630 S. Hampstead Street, 1624 S. Calle Del\nSol, 1630 Calle del Sol, 1607 S. Calle Del Mar, 1613 S. Calle Del Mar, 1220 W. Cerritos Avenue,\nand 1500 S. Ninth Street].\nRESOLUTION NO.\nA RESOLUTION OF THE CITY COUNCIL OF THE CITY\nOF ANAHEIM approving the issuance of certain California Municipal Finance Authority Exempt\nFacility Bonds in an aggregate principal amount not to exceed $25,000,000 for the purpose of\nfinancing or refinancing of the acquisition by ground lease, substantial rehabilitation,\nimprovement, equipping, and operation of Hermosa Village Phase III affordable housing project;\nand making certain other findings related thereto.