22-1578: A bill for an ordinance authorizing the issuance and sale of an amount not to exceed $25,670,000 of the City and County of Denver, Colorado Multifamily Housing Revenue Note (Montbello FreshLo - The Hub), Series 2023A and not to exceed $7,330,000 of the City and County of Denver, Colorado Multifamily Housing Revenue Taxable Note (Montbello FreshLo - The Hub), Series 2023B for the purpose of financing the acquisition, construction and equipping of an affordable multifamily rental housing facility located in the City and County of Denver, Colorado and to pay certain expenses of such Notes (as defined below) issue; approving and authorizing execution of a Funding Loan Agreement, a Borrower Loan Agreement and a Tax Regulatory Agreement (each as defined below) with respect to the Notes; making findings and determinations with respect to the Project (as defined below) and the Notes; authorizing the execution and delivery of related documents; and repealing all action heretofore taken in conflict herewith. Approves the issuance and sale of an amount not to exceed $25,670,000 of the City and County of Denver, Colorado Multifamily Housing Revenue Note (Montbello FreshLo Hub) Series 2023A and not to exceed $7,330,000 of the City and County of Denver, Colorado Multifamily Housing Taxable Revenue Note (Montbello FreshLo Hub) Series 2023B for the purpose of financing the acquisition, construction, and equipping of an affordable multifamily rental housing facility, located at 12444 East Albrook Drive in Council District 8. The Committee approved filing this item at its meeting on 11-29-2022.
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