City Council

12. TAX AND EQUITY FISCAL RESPONSIBILITY ACT PUBLIC HEARING FOR THE REISSUANCE OF TAX-EXEMPT\nBONDS FOR THE MARIPOSA APARTMENTS – 1) Hold a public hearing as required by the Tax and Equity\nFiscal Responsibility Act and the Internal Revenue Code of 1986; and\n2) Adoption of a resolution approving the reissuance of tax-exempt multifamily housing revenue\nbonds and certain actions required to remarket the bonds for the Mariposa Apartments, a 106-unit\nmultifamily affordable rental housing development located in Carlsbad, California. (Staff contact:\nMandy Mills, Community Services)\nCity Manager’s Recommendation: Take public input, close the public hearing, and adopt the\nresolution.\nJan. 9, 2024 Page 4\nDEPARTMENTAL AND CITY MANAGER REPORTS: