File #: RES 22-020    Version: 1 Name: HRHA - Grande Oak II
Type: Resolution Status: Passed
File created: 7/18/2022 In control: City Council
On agenda: 7/26/2022 Final action: 7/26/2022
Title: Consider adopting a Resolution approving issuance by Harrisonburg Redevelopment and Housing Authority of Revenue Bonds for the acquisition and construction of Grande Oak II Apartments, to be located in York County, Virginia.
Attachments: 1. Memorandum, 2. Resolution, 3. HRHA Executed Resolution, 4. Executed resolution

Subject:

Title

Consider adopting a Resolution approving issuance by Harrisonburg Redevelopment and Housing Authority of Revenue Bonds for the acquisition and construction of Grande Oak II Apartments, to be located in York County, Virginia.

Body

Presented By:  Chris Brown, City Attorney

Recommendation and Review

HRHA is requesting Council pass the above referenced resolution.  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.