One . Resolution authorizing the execution, sale, and delivery of a multifamily housing revenue note in an aggregate Principal Amount not to exceed 25,000,000 for the purpose of providing financing for the construction of a 67unit Affordable Rental Housing Development known as bill sorro community; approving the form of and authorizing the execution of a funding Loan Agreement and a borrower Loan Agreement; providing the terms and conditions of the note and authorizing the execution and delivery thereof; approving the form of and authorizing the execution of a regulatory agreement and declaration of restrictive covenants; authorizing the collection of certain fees; approving modifications, changes, and additions to the documents; granting General Authority to city officials to take actions necessary to implement this resolution; and ratifying and approving any action heretofore taken in connection with the note and the project, as defined herein. Thank you very much, do we have the may
Last time around they are participating this time around. So it sounds like there is some effort with the recruitment and out reach to lbes, but why is not there some other efforts like there are for the bottom tier and the second tier to encourage that level of diversity at that top level . We do encourage it. And we do hold prebid conferences so that the different vendors could basically meet and determine whether they would like to partner or not. So it sounds like it is, you encourage and you do different or other efforts but i see for the bottom tier, there is a specific set aside, it looks like, and for the middle tier there is a bid preference, and why isnt there more done at that top level like there is for those two tiers . Because, these are in accordance with 14 b, rules. And so, we apply the preferences as prescribed in the admin code. And we set up a set aside program as prescribed presently in the admin code. And we actually go above and beyond that in terms of trying to
Others stated. Could you call, item number one . Resolution authorizing the execution, sale, and delivery of a multifamily housing revenue note in an aggregate Principal Amount not to exceed 25,000,000 for the purpose of providing financing for the construction of a 67unit Affordable Rental Housing Development known as bill sorro community; approving the form of and authorizing the execution of a funding Loan Agreement and a borrower Loan Agreement; providing the terms and conditions of the note and authorizing the execution and delivery thereof; approving the form of and authorizing the execution of a regulatory agreement and declaration of restrictive covenants; authorizing the collection of certain fees; approving modifications, changes, and additions to the documents; granting General Authority to city officials to take actions necessary to implement this resolution; and ratifying and approving any action heretofore taken in connection with the note and the project, as defined here
Resolution authorizing the execution, sale, and delivery of a multifamily housing revenue note in an aggregate Principal Amount not to exceed 25,000,000 for the purpose of providing financing for the construction of a 67unit Affordable Rental Housing Development known as bill sorro community; approving the form of and authorizing the execution of a funding Loan Agreement and a borrower Loan Agreement; providing the terms and conditions of the note and authorizing the execution and delivery thereof; approving the form of and authorizing the execution of a regulatory agreement and declaration of restrictive covenants; authorizing the collection of certain fees; approving modifications, changes, and additions to the documents; granting General Authority to city officials to take actions necessary to implement this resolution; and ratifying and approving any action heretofore taken in connection with the note and the project, as defined herein. Thank you very much, do we have the mayor of