City of Austin City Council met April 5

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District 4 Council Member José “Chito” Vela | https://www.facebook.com/votechitovela/

City of Austin City Council met April 5.

Here are the minutes provided by the council:

Austin Affordable PFC, Inc. Multifamily Housing Revenue Bonds (Eagle's Landing Family Apartments) Series 2024

The undersigned Hearing Officer of the Austin Affordable PFC, Inc. (the "Issuer") had the public hearing called to order at 9:02 a.m. on Friday, April 5, 2024, and conducted telephonically on behalf of the Issuer pursuant to Section 147(f) of the Internal Revenue Code and Revenue Procedure 2020-21.

The Hearing Officer declared that the public hearing, required under Section 147(f) of the Internal Revenue Code of 1986, was open for purposes of discussing the Bonds, the proceeds of which will be loaned to 8000 Decker Lane (TX) Owner LP (the "Borrower"), to finance a portion of the costs of the acquisition and rehabilitation of a multifamily residential rental development containing approximately 240 units and to be located at approximately 8000 Decker Lane, Austin, Travis County, Texas 78724 (the "Project"). The proposed multifamily residential rental development will be initially owned and operated by the Borrower.

The required notice of the public hearing for the Project was published in the Austin American Statesman, being a newspaper of general circulation in the specific location of the Project and in the jurisdiction in which the public hearing was held, as set forth in the affidavit of publication attached hereto as Exhibit A.

No comments were made by the general public at the public hearing with respect to the Project.

After sufficient time was given for all present to make their comments with respect to the Bonds and the Project, the Hearing Officer declared the Public Hearing closed.

https://services.austintexas.gov/edims/document.cfm?id=427402

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