21-O-0053: ****AN ORDINANCE BY COUNCILMEMBERS CARLA SMITH, MICHAEL JULIAN BOND, MATT WESTMORELAND, ANTONIO BROWN, AMIR R. FAROKHI , JOYCE M. SHEPERD, NATALYN MOSBY ARCHIBONG AND ANDRE DICKENS AS SUBSTITUTED AND AMENDED BY COMMUNITY DEVELOPMENT/HUMAN SERVICES COMMITTEE AND AMENDED BY FINANCE/EXECUTIVE COMMITTEE TO RATIFY MAYOR KEISHA LANCE BOTTOMS EXECUTIVE ORDER DIRECTING THE CHIEF OPERATING OFFICER AND THE CHIEF FINANCIAL OFFICER TO TAKE ANY ACTIONS NECESSARY TO REQUEST (1) THE ISSUANCE BY THE URBAN RESIDENTIAL FINANCE AUTHORITY OF THE CITY OF ATLANTA, GEORGIA (THE “FINANCE AUTHORITY”) OF ITS TAXABLE DRAW-DOWN REVENUE BONDS (HOUSING OPPORTUNITY PROGRAM), SERIES 2021 (THE “SERIES 2021 DRAW-DOWN BONDS”), IN THE AGGREGATE PRINCIPAL AMOUNT OF NOT TO EXCEED FIFTY MILLION DOLLARS ($50,000,000), AND (2) THE AUTHORIZATION AND PRE-VALIDATION BY THE FINANCE AUTHORITY OF ADDITIONAL REVENUE BONDS (HOUSING OPPORTUNITY PROGRAM) (THE “ADDITIONAL BONDS”) IN THE AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED ONE HUNDRED MILLION DOLLARS ($100,000,000) AS LONG-TERM BONDS TO REFINANCE THE SERIES 2021 DRAW-DOWN BONDS AT MATURITY OR EARLIER REDEMPTION AND, IF FURTHER AUTHORIZED BY THE CITY OF ATLANTA (THE “CITY”), TO FINANCE ADDITIONAL ELEMENTS OF THE HOUSING OPPORTUNITY PROGRAM WITHIN THE PARAMETERS ESTABLISHED HEREIN FOR THE PURPOSE OF ASSISTING ATLANTA HOUSING OPPORTUNITY, INC. (THE “HOUSING CORPORATION”), A GEORGIA NONPROFIT CORPORATION AND A PUBLIC BODY CORPORATE AND POLITIC, IN FINANCING, ON BEHALF OF THE CITY, THE PROGRAM KNOWN AS THE HOUSING OPPORTUNITY PROGRAM RELATED TO ENABLING CERTAIN ELIGIBLE SINGLE FAMILY AND MULTIFAMILY RESIDENTIAL HOUSING PROJECTS WITHIN THE CITY AND TO PROVIDE FOR LAND ASSEMBLAGE FOR SUCH PURPOSES; TO AUTHORIZE THE MAYOR TO EXECUTE, DELIVER AND PERFORM A SECOND AMENDED AND RESTATED INTERGOVERNMENTAL HOUSING COOPERATION AGREEMENT WITH THE HOUSING CORPORATION; TO AUTHORIZE ACKNOWLEDGMENT OF SERVICE AND THE FILING OF AN ANSWER ON BEHALF OF THE CITY IN VALIDATION PROCEEDINGS TO BE BROUGHT IN VALIDATING THE SERIES 2021 DRAW-DOWN BONDS AND PRE-VALIDATING THE ADDITIONAL BONDS; TO AUTHORIZE THE MAYOR TO ACKNOWLEDGE AND AGREE TO A CONTINUING COVENANT AGREEMENT IN CONNECTION WITH THE SALE OF THE SERIES 2021 DRAW-DOWN BONDS; TO AUTHORIZE CERTAIN RELATED ACTIONS ALL IN CONNECTION WITH THE HOUSING OPPORTUNITY PROGRAM FINANCED THROUGH THE FINANCE AUTHORITY’S ISSUANCE OF THE SERIES 2021 DRAW-DOWN BONDS AND AUTHORIZATION AND PRE-VALIDATION OF THE ADDITIONAL BONDS; AND FOR OTHER PURPOSES.