LA County Board

3-D. Multifamily Housing Mortgage Revenue Bonds for the Santa Fe Springs\nVillage Project\nRecommendation as submitted by Supervisor Hahn: Adopt and instruct the\nChair to sign a resolution, as required under Treasury regulations, declaring an\nintent for the Santa Fe Springs Village LP, or an approved designee, to\nundertake bond financing in an amount not to exceed $18,112,500 to finance\nthe Santa Fe Springs Village Project, a 44-unit multifamily housing development\nlocated in the City of Santa Fe Springs; authorize the Executive Director of the\nLos Angeles County Development Authority to submit an application to the\nCalifornia Debt Limit Allocation Committee for a private activity bond allocation\nin an aggregate amount not to exceed $18,112,500, for the purposes described\nherein; and find that approval of these actions is not subject to the California\nEnvironmental Quality Act. (24-1267)