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City Council Minutes April 16,2012 <br /> Aye: 7- Cassidy, Cutter, Gregory, Prola, Reed,Souza, Starosciak <br /> Enactment No: Ordinance 2012-005 <br /> 3.C. 12-167 Staff Report for Resolution Approving and Authorizing the City <br /> Manager to Execute a Joint Exercise of Powers Agreement Relating to <br /> the California Municipal Finance Authority (CFMA) and Approving the <br /> Issuance of Revenue Bonds by the CFMA to Finance the Acquisition <br /> and Rehabilitation of a Multifamily Rental Housing Development to Be <br /> Owned by a Limited Partnership to Be Established by Christian <br /> Church Homes or Its Affiliate <br /> The Hearing was opened to the public. <br /> There being no public comments, and without objection, the Public Hearing was <br /> closed. <br /> 12-168 ADOPT: Resolution Approving and Authorizing the City Manager to <br /> Execute a Joint Exercise of Powers Agreement Relating to the <br /> California Municipal Finance Authority (CMFA) and Approving the <br /> Issuance of Revenue Bonds by the CMFA to Finance the Acquisition <br /> and Rehabilitation of a Multifamily Rental Housing Development to Be <br /> Owned by a Limited Partnership to Be Established by Christian <br /> Church Homes or Its Affiliate (sponsors the issuance of bonds at no <br /> cost to the City) <br /> A motion was made by Councilmember Starosciak,seconded by <br /> Councilmember Prola,that this Resolution be Adopted.The motion carried by <br /> the following vote. <br /> Aye: 7- Cassidy, Cutter, Gregory, Prola, Reed, Souza, Starosciak <br /> Enactment No: Reso 2012-035 <br /> 3.D. 12-115 Staff Report for City of San Leandro U.S. Department of Housing and <br /> Urban Development(HUD) Final FY 2012-2013 Annual Action Plan <br /> The Hearing was opened to the public. <br /> There being no public comments, and without objection, the Public Hearing was <br /> closed. <br /> 12-116 ADOPT: Resolution Approving the City of San Leandro U.S. <br /> Department of Housing and Urban Development(HUD) Final FY <br /> 2012-2013 Annual Action Plan (implements the Housing and <br /> Community Development Strategies of the FY 2010-2014 <br /> Consolidated Plan and authorizes the execution of all related <br /> documents by the City Manager and submission of the Action Plan to <br /> HUD) <br /> A motion was made by Councilmember Prola,seconded by Councilmember <br /> Cutter,that this Resolution be Adopted.The motion carried by the following <br /> vote. <br /> City of San Leandro Page 3 <br />