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Agenda 09/08/2020 Item #16K5 (Housing Finance Authority Revenue Bonds)09/08/2020 EXECUTIVE SUMMARY Recommendation by the Collier County Housing Finance Authority for approval of a resolution authorizing the Authority to issue revenue bonds for the acquisition and rehabilitation of Goodlette Arms Apartments, an affordable senior housing facility located at 950 Goodlette Road. _____________________________________________________________________________________ OBJECTIVE: To accomplish the necessary approvals to authorize a proposed revenue bond issue by the Collier County Housing Finance Authority (the “Authority”) to be used by Goodlette Arms Preservation LP, (the “Applicant”) for the purpose of providing funds to finance the costs of acquisition and rehabilitation of Goodlette Arms Apartments, an affordable senior housing facility located at 950 Goodlette Road. CONSIDERATIONS: The Collier County Housing Finance Authority (the “Authority”) has received and preliminarily approved a request by the Applicant to issue its multifamily housing revenue bonds in an amount not to exceed $70,000,000 to finance the acquisition and rehabilitation of the Goodlette Arms Apartments. Background Goodlette Arms is a 250-unit affordable senior rental housing complex located at 950 Goodlette Road, and currently has 266 residents. It was built in 1974 under the HUD Section 8 program under which residents pay no more than 30% of their income for rent, and HUD makes up the difference up to an agreed rental rate. In 2001, with the HUD contract set to expire, the project was purchased by Full Circl e Communities. That acquisition was financed in part by the issuance of $12,210,000 in bonds issued by the Authority after approval by the Board on December 11, 2001, by Resolution 2001-484 (Attachment 1). As part of the transaction, the HUD contract was extended for 20 years. The current proposal contemplates the further extension of the HUD contract for an additional 20 years. Given the extreme shortage of rental units to serve the very low income classification generally and the particular demographics of Goodlette Arms (low income seniors and disabled persons), an expiration of the HUD contract would be a very undesirable situation for the community. After 18 years of ownership, Full Circle has contracted to sell the project to the Applicant, whic h is requesting the Authority to issue its bonds to finance the purchase and rehabilitation. The project is in the City of Naples and has no zoning or code compliance issues. Public infrastructure is in place and serving the project. The Project Goodlette Arms has been a staple of affordable housing in Naples since the 1970’s, providing a safe and affordable place to live for a very under-served population. Over its 45+-year history, the property has endured some wear and tear, and there is significant room for upgrade and improvement, particularly to address antiquated in-unit features and conditions, site amenities, and common areas. The proposed rehabilitation will include improvements to common areas, building exterior, parking lot, and roofing upgrades as needed. Each resident will receive a completely remodeled apartment, including new kitchens with stainless steel appliances and Caesarstone countertops, new bathrooms with upgraded fixtures, and upgraded lighting, electric, and HVAC. There will also be additional upgrading to full ADA/UFAS standards, and some units to be hearing and visually-impaired compliant units. 16.K.5 Packet Pg. 3063 09/08/2020 The Developer The developer and management company is Fairstead, an affordable and mixed-income developer that has properties in 14 states and owns 11,500 units. It has partnered with housing finance authorities in many states, including, in Florida, the Alachua County and Broward County housing finance authorities. Community Benefits While the provision of affordable housing is, by statutory definition (Ch 159, F.S.) a public benefit, in considering a project, the Authority looks for community benefits specifically associated with the particular project. Here, the are several benefits, as follows: 1. As noted above, the HUD rental assistance agreement will be extended for an additional 20 years. For the tenants, there will be no impact to the tenant-paid portion of their rents (30% of income). No tenants will be displaced. 2. The property will be substantially upgraded by the planned improvements, briefly described above. 3. LIHTCs will be issued by Florida Housing, and this will add a 100% affordability requirement for 30 years. Similarly, a new Land Use Restriction Agreement (LURA) will be executed between the Authority and the Applicant which will also ensure the property remains as affordable housing. 4. The Developer will record a social services covenant, committing to the continuation and/or provision of certain social services and amenities geared to the needs of the residents, including: (a) van and transportation services, (b) home health aide supports (in conjunction with agreement with Naples Home Health Care), (c) health and beauty facilities such as walking paths, bike storage, an on-site beauty salon, medical alert systems, and an on-site medical office space, (d) the employment of a Resident Services Coordinator who maintains and organizes the services available for the residents, and (e) a resident activity program including arts and crafts, entertainment, holiday parties, and tutoring and education programs. Plan of Financing The funds for the transaction will come from the issuance of low income housing tax credits ($24.3 million) to be issued by Florida Housing Finance Corporation and to be purchased by Regions Affordable Housing, LLC, along with the issuance of the Authority’s bonds (not exceeding $70 million). The Bonds will be privately placed with Freddie Mac under their Mod Rehab Program and will not be offered for public sale. THE BOND APPROVAL PROCESS: Public Hearing Requirement The Internal Revenue Code requires that the issuing authority hold an advertised public hearing on the nature and location of the project and the issuance of the bonds. This hearing was advertised in the Naples Daily News on August 17, and a copy of the notice, in the form and time frame required by the Code, is attached as Exhibit A to the Authority Resolution, as described below. The hearing was held by the Authority on August 24. At the hearing, the Authority considered the application and other documents presented by the Applicant, heard presentations by its agents and representatives, and opened the hearing to comments, either oral or written, by members of the public. There were no comments in opposition to the project or the bonds. 16.K.5 Packet Pg. 3064 09/08/2020 At the conclusion of the hearing, the Authority adopted a Resolution 2020-03 approving the bonds, and directed appropriate officers of the Authority to seek approval of the issuance of the Bonds by the Board of County Commissioners, as is required by the Code. A copy of the resolution adopted by the Authority (the "Authority Resolution") is attached as Exhibit A to the County Resolution, as described below. As stated above, the Code requires that bonds of this type be approved by the local elected representative, which, in the case of Collier County, is the Board, even if the project is located in a municipality. This approval is signified by the adoption of a resolution (the "County Resolution") approving the issuance of the bonds by the Authority (see Attachment 2). As are all revenue bonds of this type, these bonds are based on revenues of the project and are not obligations of the County, the state, the city, or any other political subdivision. There is no pledge of any taxes, nor a pledge of any revenues except the revenues of the Applicant. Neither the County, the Board, the Authority, nor any officer of the County is liable for their payment. Further, the Resolution expressly provides that this approval by the Board does not abrogate any County regulations, including land use regulations. The Board’s role in approval of financing authority bond issues Unlike County bonds, which are issued for public projects, the County-created financing authorities (Housing Finance, Industrial Development, Health Facilities, and Educational Facilities Authorities) issue private activity bonds, which are bonds issued on behalf of a private user for a legislatively declared public purpose such as healthcare facilities, private educational facilities, manufacturing facilities, low/moderate income housing facilities, pollution control facilities, etc. The Internal Revenue Code ("Code") requires two types of approval for the issuance of private activity bonds: Issuer Approval and Host Approval. Issuer Approval is the approval of the issuer of the bonds, and is initially evidenced by the adoption of an Inducement Resolution (called the "Authority Resolution" and attached to the County Resolution as Exhibit A), and ultimately by the e xecution and delivery of the bonds themselves. The Board grants Host Approval when it adopts a resolution approving the issuance of the bonds by the Issuer (called the "County Resolution" in the executive summary). Host Approval is the approval of the governmental unit with geographic jurisdiction over the location of the project. The primary requirement of Host Approval is that the bonds have been considered at a public hearing at which members of the public have had an opportunity to express their views on the project and the issuance of the bonds. The Code contains very specific requirements for the public notice of the hearing, and a copy of the public notice, which has been reviewed by Authority Bond Counsel and determined to be Code-compliant is attached to the Authority Resolution. The Code does not require that the Board itself conduct the public hearing, only that Host Approval may not be given until the public hearing has been conducted. In practice, both in Collier County and around the state, the public hearing itself is conducted by the Authority and Host Approval is given after the Board receives the report and recommendations of the Authority in the form of the Authority Resolution. The public hearing was held as described above, and no members of the pubic expressed any views on the project or the bonds. Effect of Board Approval Board Approval of an authority bond issue does not cause the bond to become a county bond or an obligation of the County. By statute, bonds of this type are payable only from revenues related to the 16.K.5 Packet Pg. 3065 09/08/2020 project, and no public monies of any kind are pledged. This is reflected in the Authority Resolution, the County Resolution, and on the face of the bonds themselves. Bonds of this type are treated as Component Unit Debt on the County's annual audit. FISCAL IMPACT: This program does not require any contribution from the Board of County Commissioners or any other County agency. As stated above, the bonds are not liabilities of the County, and the County is not liable for payment in any way. GROWTH MANAGEMENT IMPACT: The adoption of the attached resolution will have no adverse growth management consequences. The Project, in existence since the 1970’s is well served by existing public infrastructure, and is in accordance with all growth management regulations as applicable. LEGAL CONSIDERATIONS: This item has been reviewed by the County Attorney, is approved as to form and legality, and requires majority vote for Board approval. Because counsel to the Authority is unable to attend the September 8 BCC meeting, if this matter is removed from the 9/8 Consent Agenda, it is requested that it be continued until the September 22 BCC meeting. -JAK RECOMMENDATION: The Board of County Commissioners adopt the attached Resolution. Prepared by: Donald A. Pickworth, Counsel Collier County Housing Finance Authority ATTACHMENT(S) 1. Att 1 BCC Resolution 2001-484 (PDF) 2. Resolution - HFA revenue bonds (PDF) 16.K.5 Packet Pg. 3066 09/08/2020 COLLIER COUNTY Board of County Commissioners Item Number: 16.K.5 Doc ID: 13426 Item Summary: Recommendation by the Collier County Housing Finance Authority for approval of a resolution authorizing the Authority to issue revenue bonds for the acquisition and rehabilitation of Goodlette Arms Apartments, an affordable senior housing facility located at 950 Goodlette Road. Meeting Date: 09/08/2020 Prepared by: Title: Legal Assistant – County Attorney's Office Name: Wanda Rodriguez 08/31/2020 11:13 AM Submitted by: Title: County Attorney – County Attorney's Office Name: Jeffrey A. Klatzkow 08/31/2020 11:13 AM Approved By: Review: County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 08/31/2020 11:38 AM Office of Management and Budget Debra Windsor Level 3 OMB Gatekeeper Review Completed 08/31/2020 4:07 PM Budget and Management Office Mark Isackson Additional Reviewer Completed 09/01/2020 8:24 AM County Manager's Office Leo E. Ochs Level 4 County Manager Review Completed 09/01/2020 4:26 PM Board of County Commissioners MaryJo Brock Meeting Pending 09/08/2020 9:00 AM 16.K.5 Packet Pg. 3067 RESOLUTION 2001- 484 1614 A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA, APPROVING THE ISSUANCE OF NOT EXCEEDING 13,000,000 HOUSING FINANCE AUTHORITY OF COLLIER COUNTY TAX- EXEMPT MULTI-FAMILY HOUSING REVENUE BONDS, (GOODLETTE ARMS APARTMENTS) PURSUANT TO CHAPTER 159, PART IV, FLORIDA STATUTES, AS AMENDED. BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA: Section 1. Recitals. It is hereby found, ascertained, determined and declared that: A. The Housing Finance Authority of Collier County (the "Issuer") is a public corporation of the State of Florida, was duly created by Ordinance No. 80-66 of the Board of County Commissioners of Collier County, Florida, and is a body corporate and politic duly created and existing as a local governmental body and a public instrumentality for the purpose of assisting qualifying housing projects situated in Collier County, Florida (the "County"), under and by virtue of Chapter 159, Part IV, Florida Statutes, (the "Act"), to provide for the issuance of and to issue and sell its obligations for lawful purposes under the Act. B. A public hearing was held by the Issuer on December 3, 2001 (the "Public Hearing") on the application of Goodlette Arms LLC, (the "Company")for the issuance of not exceeding $13,000,000 tax- exempt multifamily housing revenue bonds (the "Bonds"). The public hearing was duly conducted by the Issuer upon reasonable public notice, a copy of said notice being attached hereto as Exhibit A, and at such hearing interested individuals were afforded the opportunity to express their views, both orally and in writing, on all matters pertaining to the location and nature of the proposed project and to the issuance of the Bonds. C. The Issuer has adopted its Resolution 2001-06, a copy of which is attached hereto as Exhibit B, approving the issuance of the Bonds and recommending and requesting that the Board of County Commissioners approve the issuance of the Bonds so that the interest on the Bonds will be exempt from federal income taxation under applicable provisions of Section 147(a) of the Internal Revenue Code of 1986, as amended. D. The Bonds shall not constitute a debt, liability or obligation of Collier County, its Board of County Commissioners, officers, agents or employees, or the State of Florida or any political subdivision thereof, but shall be payable solely from the revenues provided therefore, and neither the faith and credit nor any taxing power of Collier County, or the State of Florida or any political subdivision thereof is pledged to the payment of the principal of, premium, if any, and interest on the Bonds. No member of the Board of County Commissioners of Collier County or any officer, agent, or employee thereof shall be liable personally on the Bonds by reason of their issuance. Section 2. Approval of Issuance of the Bonds. The issuance of the Bonds is hereby approved, however this approval shall in no way be deemed to abrogate any regulations of the County and the project contemplated by this resolution shall be subject to all such regulations, including, but not limited to, the County's Growth Management Plan, all concurrency requirements contained therein, and the Collier County Land Development Code. C:\WINDOWS\Dcsklop\12-11 Bee Agenda\BCC Goodlellt: Anns.wp.d 16.K.5.a Packet Pg. 3068 Attachment: Att 1 BCC Resolution 2001-484 (13426 : Authorizing revenue bonds for the acquisition and rehabilitation of Goodlette Arms 1614 1 lJ Section 3. Repealing Clause. All resolutions or orders and parts thereof in conflict herewith, to the extent of such conflict, are hereby superseded and repealed. Section 4. Effective Date. This Resolution shall take effect immediately upon its adoption. PASSED AND ADOPTED THIS 11th day of December, 2001. SEAL) ATTEST: , I'''''''''''''' Dwight E. BrBt1(f QID'~"""'" 1. ~ :'.i C- pt!lo/ Clerk.: "~', .: . :'} -n,.'~ to C1tltruno, U"n~frt! on J J. I. .. JO;J~a ,,' IJ,,;.,,'- COLLIER COUNTY, FLORIDA By: James 0, C r, Ph.D., Chairman Board of County Commissioners of Collier County, Florida Approved as to form and legal sufficiency: J?Y- G David C. Weigel County Attorney C:\WINDOWS\Desktop\12.11 Bce Agendil\BCC Goodleue Arms.wpd 16.K.5.a Packet Pg. 3069 Attachment: Att 1 BCC Resolution 2001-484 (13426 : Authorizing revenue bonds for the acquisition and rehabilitation of Goodlette Arms 16L4 Mapl.. Deily ...,. l.., FL 34102 Afit_tt of PubL iClltian l.. Dei Ly ....... PICKllORTM, DOHAUI P.A. 5150 TMINlI TRL .. HOl2 NAPLES FL 341(8 REfERENCE: 01D784 58350765 NoticI of PubLic HM St.tt of Florida COunt)' of CoLlier Beforl the WIde""'- IUthclrt~, p'..lOnally tlppalred Angel. Bryant, who an 0lRn UY' that ahe rvel .. A..i.tlnt secNtary of thl NltpL.. Deily Newl, . dIIHy n........... publtlhed It IIIlPl.. in Coll tel' County, rloridll: that the attached copy of adverti.ing waa publiehed tn Mid nllMpepe' an dlltel l tlttd. Affilnt furth.r I.Y' that the Mid "'pl.. D.Uy Naw. ta . n....pIIpIf' publ.eltld .t _In, .n Mid ColUer county, Floridll, and that the ..id new.peper hat nerttofor. been continuau.ly publ1ahed in Mid CoLli... County, Floria, Melt dllY and hat been entlred .. ..cand C l... .. L netter It the polt office in Maple., in ..id Co II ier County, f lor.., for . period of 1 Y'" next preced.ng the f.r.t pubL1C11tion of tha ett.ched copy of adv.rtiHMnt. .nd .ffi....t furt,*, IllY' that .he hat n.ith.; paid nor pl'Olliaed any pertan, fi... or corpor.tian any dflCO\l1t, r_te, ~t...on or refund for the purpo.e of .ecuring thi. adv.rttNMnt for publ.ctfon in the ..'d newtpap.r. PUBLISHED ON: 11/19 AD SPACE: FIL!D ON: 115.000 INCH 11/19/01 Signlture of AH..,t Sworn to end Subacrtbed Personelly known by ~. i):=:000IISa8 0, ~ Elcplru s..-~.. 11. 2001 EXHIBIT A TO BCC RESOLUTION 16.K.5.a Packet Pg. 3070 Attachment: Att 1 BCC Resolution 2001-484 (13426 : Authorizing revenue bonds for the acquisition and rehabilitation of Goodlette Arms 1614 RESOLUTION 2001-06 Execution Copy I~.I RESOLUTION REGARDING THE OFFICIAL ACTION OF THE HOUSING FINANCE AUTHORITY OF COLLIER COUNTY, FLORIDA, RELATIVE TO THE ISSUANCE OF NOT TO EXCEED $13,000,000 TAX EXEMPT AND TAXABLE MULTIFAMILY HOUSING REVENUE BONDS FOR THE PURPOSE OF ACQUIRING MULTIFAMILY RESIDENTIAL HOUSING FACILITIES FOR PERSONS OR FAMILIES OF LOW, MIDDLE OR MODERATE INCOME; AND FURTHER AUTHORIZING THE EXECUTION AND DELIVERY OF AN AGREEMENT BY AND BETWEEN THE AUTHORITY AND GOODLETTE ARMS LLC.; PROVIDING AN EFFECTIVE DATE. WHEREAS, Goodlette Arms LLC (the II Company II ) has applied to the Housing Finance Authority of Collier County, Florida (the Authority"), to (i) issue its tax-exempt and taxable multifamily housing revenue bonds in a principal amount not to exceed 13,000,000 (the "Bonds") as the Authority may authorize by subsequent resolution (the "Bond Resolution") for the purpose of financing the cost of acquisition (which shall include other costs and reserves in connection therewith), of an existing multifamily residential housing facility for persons or families of low, middle or moderate income located in Collier County and named Goodlette Arms (the "proj ect II), and (ii) to loan the proceeds of the Bonds to the Company pursuant to Chapter 159, Part IV, Florida Statutes, or such other provision or provisions of Florida law as the Authority may determine advisable (the "Act"); and WHEREAS, a determination by the Authority to issue the Bonds under the Act, if so requested by the Company, in one or more issues or series not exceeding an aggregate principal amount of 13,000,000 and to loan the proceeds thereof available to finance the Project under a loan agreement or other financing agreement which will provide that payments thereunder be at least sufficient to pay the principal of and interest and redemption premium, if any, on such Bonds and such other costs in connection therewith as may be incurred by the Authority, will assist the Company and promote the purposes provided in the Act; and WHEREAS, the Company has entered into a Preliminary Agreement for Issuance of Multifamily Housing Revenue Bonds (the "Preliminary Agreement") dated August 14, 2001 relating to the issuance of the Bonds; and WHEREAS, the Authority held a special meeting and public hearing on the proposed issuance of the Bonds for the purposes herein stated on August 14, 2001; and C:\WINDOWS\Dooktop\HOPA.Qoodlouc AnIloIbMI_ a..oIUlIonOl-I~.oIIl2.wpd EXHIBIT B TO BCC RESOLUTION 16.K.5.a Packet Pg. 3071 Attachment: Att 1 BCC Resolution 2001-484 (13426 : Authorizing revenue bonds for the acquisition and rehabilitation of Goodlette Arms 1614 WHEREAS, it is intended that this Resolution shall constitute official action toward the issuance of the Bonds within the meaning of the applicable United States Treasury Regulations. IT IS, THEREFORE, DETERMINED AND RESOLVED BY THE HOUSING FINANCE AUTHORITY OF COLLIER COUNTY, FLORIDA, THAT: i1 1. Approval of the Project. The acquisition of the Project and the fin~ncing thereof by the Authority through the issuance of the Bonds, pursuant to the Act, will promote the health and welfare of the citi~ens of Collier County and will thereby serve the public purposes of the Act. 2. Execution and Delivery of Preliminary Agreement. The Chairman or Vice-Chairman of the Authority hereby are authorized and directed to execute, for and on behalf of the Authority, the Preliminary Agreement between the Authority and the Company providing understandings relative to the proposed issuance of the Bonds by the Authority to finance the proj ect in an aggregate principal amount not to exceed the lesser of (a) $13,000,000, or b) the cost of the Project, as determined by the Authority. 3. Authorization of the Bonds. There is hereby authorized to be issued and the Authority hereby determines to issue the Bonds, if so requested by the Company and subject to the conditions set forth in the Preliminary Agreement, in one or more issues or series in an aggregate principal amount not to exceed $13,000,000 for the purpose of financing the Project. The Bonds shall be designated "Housing Finance Authority of Collier County Multifamily Housing Revenue Bonds Series 2001 (Goodlette Arms Apartments)" or such similar designation as the Authority may deem advisable. The rate of interest payable on the Bonds shall not exceed the rate permitted by law. 5. General Authorization. The Chairman, the Vice-Chairman, the Secretary and counsel for the Authority hereby are further authorized to proceed, upon execution of the Preliminary Agreement, with the undertakings provided for therein on the part of the Authority and are further authorized to take such steps and actions as may be required and necessary in order to cause the Authority to issue the Bonds subject to the terms and conditions set forth in the Preliminary Agreement authorized hereby. 6. Affirmative Action. This resolution is an affirmative action of the Authority toward the issuance of the Bonds, as contemplated in said Preliminary Agreement, in accordance with the purposes of the laws of the State of Florida and the applicable C,\WlNDOWS\DooI"o,,\HO'A.Oood~ A.....~l Rao!ulionOl.14-4112,...... - 2- 16.K.5.a Packet Pg. 3072 Attachment: Att 1 BCC Resolution 2001-484 (13426 : Authorizing revenue bonds for the acquisition and rehabilitation of Goodlette Arms i:'!~:~'--,,~;:'..?:..{~:S~~:~;::~l.<:.. 16L4 United States Treasury Regulations. 8. Appointment of Counsel. The Authority appoints Nabors, Giblin and Nickerson, P.A., Tallahassee, Florida to act as bond counsel to the Authority in connection with the issuance by the Authority of the Bonds. The firm of Donald A. Pickworth, P.A., Naples, Florida is the duly appointed Issuer's Counsel. i i.9. Limited Ob1.igatiolUl. 'The 'Bonds and the interest thereon shall not constitute an indebtedness or pledge of the general credit or taxing power of Collier County, the State of Florida or any political subdivision or agency thereof but shall be payable solely from the revenue pledged therefor pursuant to a loan agreement or other financing agreement entered into by and between the Authority and the Company prior to or contemporaneously with the issuance of the Bonds. 10. Limited Approval. The approval given herein shall not be construed as an approval of any necessary zoning applications nor for any other regulatory permits relating to the Project and the Authority shall not be construed by reason of its adoption of this resol ution to have waived any right of the County or to have estopped the County from asserting any rights or responsibilities it may have in that regard. This Resolution shall take effect immediately. ADOPTED this 14th day of August, 2001. ry AI~I 4,.....~!"II.f r:1'11/"r:\,_".~... r ..~. i:"~:' "' 7.~". . ' s:BAI.;,):~ , f:';~:j/;) C:IWINDOWS\Daklap\HOPA.ooodl_ Arnoo\I_. a.oI...ioooOI-,..olnwpd - 3- 16.K.5.a Packet Pg. 3073 Attachment: Att 1 BCC Resolution 2001-484 (13426 : Authorizing revenue bonds for the acquisition and rehabilitation of Goodlette Arms 16.K.5.b Packet Pg. 3074 Attachment: Resolution - HFA revenue bonds (13426 : Authorizing revenue bonds for the acquisition and rehabilitation of Goodlette Arms 16.K.5.b Packet Pg. 3075 Attachment: Resolution - HFA revenue bonds (13426 : Authorizing revenue bonds for the acquisition and rehabilitation of Goodlette Arms 16.K.5.b Packet Pg. 3076 Attachment: Resolution - HFA revenue bonds (13426 : Authorizing revenue bonds for the acquisition and rehabilitation of Goodlette Arms 16.K.5.b Packet Pg. 3077 Attachment: Resolution - HFA revenue bonds (13426 : Authorizing revenue bonds for the acquisition and rehabilitation of Goodlette Arms 16.K.5.b Packet Pg. 3078 Attachment: Resolution - HFA revenue bonds (13426 : Authorizing revenue bonds for the acquisition and rehabilitation of Goodlette Arms 16.K.5.b Packet Pg. 3079 Attachment: Resolution - HFA revenue bonds (13426 : Authorizing revenue bonds for the acquisition and rehabilitation of Goodlette Arms 16.K.5.b Packet Pg. 3080 Attachment: Resolution - HFA revenue bonds (13426 : Authorizing revenue bonds for the acquisition and rehabilitation of Goodlette Arms 16.K.5.b Packet Pg. 3081 Attachment: Resolution - HFA revenue bonds (13426 : Authorizing revenue bonds for the acquisition and rehabilitation of Goodlette Arms 16.K.5.b Packet Pg. 3082 Attachment: Resolution - HFA revenue bonds (13426 : Authorizing revenue bonds for the acquisition and rehabilitation of Goodlette Arms