. CONSENT AGENDA
2211 East Hillcrest Street onanao, r-ionaa 32803
Telephone: 407-894-0014 Fax: 407-897-6679
Richard Crotty,Orange County Mayor
Orange County Board of CountyCoftfilhissioners
W.D. Morris, Executive
Orange County Housing Finam
Mildred Guzman,Multi-Family Program Administrator
Orange County Housing Finance Authority
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.
Not to Exceed
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
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
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