HomeMy WebLinkAboutMINUTES - 02081994 - 1.62 °t Contra
TO: BOARD OF SUPERVISORS Costa
d
County
FROM: Harvey E. Bragdon 'CU
Director of Community Development
DATE: February 8, 1994
SUBJECT: Legal Representation - Rumrill Gardens Affordable Housing Project
SPECIFIC REQUEST(S) OR RECOMMENDATIONS(S) & BACKGROUND AND JUSTIFICATION
RECOMMENDATIONS
AUTHORIZE the Deputy Director, Redevelopment, or his designee to sign
a letter allowing Goldfarb and Lipman to represent the Project Sponsor
for the Rumrill Gardens Project in the syndication of the Project ' s
Low Income Housing Tax Credits (LIHTC) .
FISCAL IMPACT
No General Funds are involved.
BACKGROUND/REASONS FOR RECOMMENDATIONS
In December 1993, the law firm of Goldfarb and Lipman represented the
County' s interest in preparing Community Development Block Grant and
HOME Program loan documents for the Rumrill Gardens Multifamily
Affordable Housing Project. Following completion of those documents,
,Goldfarb and Lipman were selected by the Project Sponsor to represent
their interest in the syndication of LIHTC for Rumril Gardens .
CONTINUED ON ATTACHMENT: X YES SIGNATURE:
RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDAArT-6N OF BOARD COMMIT'F E
APPROVE OTHER
SIGNATURE(S) :
ACTION OF BOARD ON " /... 931 APPROVED AS RECOMMENDED OTHER
VOTE OF SUPERVISORS
I HEREBY CERTIFY THAT THIS IS A
UNANIMOUS (ABSENT ) TRUE AND CORRECT COPY OF AN
AYES: NOES : ACTION TAKEN AND ENTERED ON THE
ABSENT: ABSTAIN: MINUTES. OF THE BOARD OF
SUPERVISORS ON THE DATE SHOWN.
Contact: Kathleen Hamm
646-4208 ATTESTED /S5
cc: County Administrator PHIL BATCH OR, CLERK OF
County Counsel THE BOARD OF SUPERVISORS
Community Development AND COUNTY ADMINISTRATOR
BY �(' DEPUTY
Goldfarb has requested that the County consent to their multiple
representation of the Project Sponsor and the County by signing a
letter to that effect.
KH/C/GF1