increase the compensation for property management and case
management services by $1,589,731 for a total contract amount not to
exceed $3,179,472, using Homekey 2.0 (Homekey) program funding.
On motion of Councilmember Arias, seconded by Councilmember
Bredefeld, that the above Action Item be APPROVED. The motion
carried by the following vote:
Aye: 7 -
Esparza, Maxwell, Perea, Karbassi, Arias, Chavez and
Bredefeld
***RESOLUTION - Authorizing the Examination of Sales or Transactions
and Use Tax Records by the City Attorney and the City Attorney’s Retained
Legal Analyst (Subject to Mayor’s Veto).
1.-Z.
RESOLUTION 2023-181 ADOPTED
On motion of Councilmember Chavez, seconded by Councilmember
Bredefeld, that the above Action Item be APPROVED. The motion
carried by the following vote:
Aye: 7 -
Esparza, Maxwell, Perea, Karbassi, Arias, Chavez and
Bredefeld
2. SCHEDULED COUNCIL HEARINGS AND MATTERS
10:00 A.M.
Tax Equity and Financial Responsibility Act (TEFRA) public hearing.
TEFRA HEARING - To hear and consider information concerning the
proposed issuance of tax-exempt bonds by the California Municipal
Finance Authority (“CMFA”) for the purpose of financing the acquisition,
construction, installation and equipping of Hotel Fresno Apartments (the
Project), a multifamily rental housing project located at 1241-1263
Broadway Plaza, Fresno, California 93721. Proceeds of the Bonds will be
loaned to Broadway Plaza Family Apartments, LP (the “Borrower”) in
partnership with APEC International, LLC (the “Developer”).
1. ***RESOLUTION - Approving the issuance by the California
Municipal Finance Authority of multifamily housing revenue
bonds in an aggregate principal amount not to exceed
$20,000,000 for the purpose of financing or refinancing the
acquisition, construction, improvement and equipping of
Hotel Fresno Apartments and certain other matters relating
thereto. (Subject to Mayor’s Veto)
The above hearing was called to order at 10:23 A.M. Upon call, there was
no staff presentation, no public comment, and no Council discussion. The
public comment period closed at 10:23 A.M.