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ORANC I . CONSENT AGENDA COUNTY ADMINISTRATOR 7 HOUSE. 2211   East Hillcrest Street   onanao, r-ionaa 32803 Telephone:  407-894-0014   Fax: 407-897-6679 W.D.  Morris Executive Director CONSENT AGEND TO: FROM: CONTACT: DATE: SUBJECT: Richard Crotty,Orange County Mayor -and- Orange County Board of CountyCoftfilhissioners W.D.   Morris, Executive Orange County Housing Finam Mildred Guzman,Multi-Family Program Administrator Orange County Housing Finance Authority 894-0014, Ext.310 February 22, 2006 ORANGE    COUNTY    HOUSING    FINANCE    AUTHORITY   -      APPROVAL AND EXECUTION OF THE AUTHORIZING  RESOLUTION OF THE REQUEST TO CHANGE OWNERSHIP ENTITY TO MARBELLA POINTE DEVELOPMENT  GROUP LLLP (AND GENERAL PARTNER -  MARBELLA POINTE DEVELOPMENT GROUP MANAGERS, LLLC) AND TO CHANGE THE NAME OF THE PROJECT FROM KENSINGTON CLUB APARTMENTS TO MARBELLA POINTE. The Tax Equity and Fiscal Responsibility  Act of 1982 ("TEFRA") created a requirement that all industrial development bonds issued after December  31, 1982, for the purpose  of financing  muttifamBy housing developments    require   approval   by   the   Orange   County   Housing    Finance   Authority,   and   each governmental  unit havingjurisdiction over the area in which the bond financed facility will be located. On November 02,2005 the Orange County Housing Finance Authority's Board of Directors approved the inducement of the following proposed multi-family development located in Orange County. Unit Size 120 Amount Not to Exceed $9,000,000 Project/Location Kensington Club Apartments Located on the northwest comer of the intersection of South Goldenrod Road and Pershing Avenue, at 2840 South Goldenrod Road in Orlando, Orange County, Florida Commission  District 4 The TEFRA hearing for  Kensington Club Apartments was held on Thursday, August 25, 2005, at the Orange County Administration Building, Third Floor, Conference Room "A" at 10:00 A.M.  The purpose of the  hearing was to receive public comments regarding  the issuance of Multi Family Housing Revenue Bonds for the above-mentioned project.  No comments were received at the time. Board of Directors: Ann  Brotvn Payne, Chairman • Jeffery    A. Stueve,  Vice Chairman • David A. Johnston • Barbara Ashlev-Jones • Clemente Cuevas 38

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