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1 <br />PUBLIC HEARINGS <br />75.G. WYCLIFFE PLAZA APARTMENTS ACQUISITION, REHABILITATION <br />AND FINANCING: 1401 NORTH FLOWER STREET <br />Public hearing for the purpose of issuing $17 million by the Housing <br />Authority for a 200-unit multifamily rental housing development revenue <br />bond to assist in the permanent financing of the acquisition and <br />rehabilitation project <br />Legal Notice published in the Orange County Register on October 19 and <br />26, 2001 <br />Presentation of staff report by John Reekstin, Executive Director of <br />Community Development Agency <br />Presentation of written communication by Clerk of the Council: None <br />There were no public speakers; public hearing closed <br />Motion: Adopt resolution. <br />RESOLUTION NO. 2001-080 - A resolution of the City Council of the City <br />of Santa Ana approving the issuance of Multifamily Housing Revenue <br />Bonds by the Housing Authority of the City of Santa Ana for the purpose of <br />financing the acquisition and rehabilitation of Wycliffe Plaza Apartments <br />MOTION: Bist SECOND: Christy <br />VOTE: AYES: Alvarez, Bist, Christy, Franklin, McGuigan, <br />Solorio (6) <br />NOES: None (0) <br />ABSENT: Pulido (1) <br />COUNCIL RECESSED TO THE COMMUNITY REDEVELOPMENT AGENCY AT 9:00 <br />P.M. AND THEREAFTER TO THE HOUSING AUTHORITY AT 9:01 P.M. <br />COUNCIL RECONVENED AT 9:08 P.M. WITH THE SAME COUNCILMEMBERS <br />PRESENT <br />CITY COUNCIL MINUTES 406 NOVEMBER 5, 2001 <br />