File #: RES 21-016    Version: 1 Name:
Type: Resolution Status: Passed
File created: 8/16/2021 In control: City Council
On agenda: 9/14/2021 Final action: 9/14/2021
Title: Consider adopting Resolutions approving issuance by Harrisonburg Redevelopment and Housing Authority of Revenue Bonds for the approximately 152 unit The Concord at Springdale Park Senior Multifamily Housing Facility and the approximately 228 unit The Horizon at Springdale Park Multifamily Housing Facility, both located Henrico County, Virginia
Attachments: 1. Memorandum, 2. Resolution # 1, 3. Resolution #2, 4. HRHA executed Resolution & letter - Concord, 5. HRHA executed Resolution & letter - Horizon, 6. Executed resolution, 7. Executed resolution

Subject:

Title

Consider adopting Resolutions approving issuance by Harrisonburg Redevelopment and Housing Authority of Revenue Bonds for the approximately 152 unit The Concord at Springdale Park Senior Multifamily Housing Facility and the approximately 228 unit The Horizon at Springdale Park Multifamily Housing Facility, both located Henrico County, Virginia

Body

Presented By:  Chris Brown, City Attorney

Recommendation and Review

HRHA is requesting Council pass the above referenced resolutions.  Council approval of HRHA’s issuance of the bonds is required by state law.  There is no liability incurred by the City as a result of this approval and the issuance of the Bonds by HRHA.