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<br />1. To issue the Bonds for the Project, <br /> <br />11. To pay certain costs of the Project prior to the date of issuance of the <br />Bonds, and <br /> <br />111. To use a portion of the proceeds of the Bonds for reimbursement of City, <br />Agency and Mercy Housing expenditures incurred in connection with the <br />acquisition of the Agency Property and other Proj ect costs that are paid <br />before the date of issuance of the Bonds. <br /> <br />Introduced by Agency Member Badger and passed and adopted this 21 sl day of <br />November 2005 by the following called vote: <br /> <br />Members of the Agency: <br /> <br />AYES: Members Badger, Grant, Nardine, Starosciak, Stephens; Chair Young <br /> <br />(6) <br /> <br />NOES: None <br /> <br />(0) <br /> <br />ABSENT: Member Santos <br /> <br />(1) <br /> <br />ATTEST: <br /> <br />]Il Vt/\'UUut ,-~tL <br /> <br />Marian Handa, Agency Secretary <br /> <br />RESOLUTION NO. 2005-025 RDA <br /> <br />2 <br />