Subject:
Title
Consider adopting a Resolution approving issuance by Harrisonburg Redevelopment and Housing Authority of Revenue Bonds for the acquisition, construction, renovation and equipping of apartments located in the City of Alexandria, Virginia
Body
Presented By: Chris Brown, City Attorney
Recommendation and Review
HRHA is requesting that Council pass the above referenced resolution approving two bond issuances. 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 issuances of the bonds by HRHA.