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24-1214

MOTION TO ADOPT Resolution, the title of which is as follows: (Commission District 7) A Resolution of the Board of County Commissioners of Broward County, Florida approving the forms of and authorizing the execution and delivery by the Housing Finance Authority of Broward County, Florida (the “HFA”) of (i) a Guaranty Reaffirmation and Partial Release Agreement, and (ii) a First Amendment to Multifamily Leasehold Mortgage, Assignment of Rents, Security Agreement and Fixture Filing, in connection with the HFA’s $77,000,000 Multifamily Housing Revenue Note, Series 2022 (Douglas Gardens - Senior Health and Living); authorizing the proper officers, agents, and employees of the HFA to do all things necessary or advisable in connection with the hereinafter defined transfer and the hereinafter defined release and ratifying certain actions previously taken by the HFA in connection with the transactions authorized by this Resolution; and providing an effective date for this Resolution.

Consent Item Agenda Ready Introduced August 22, 2024

What this record is

Amount
$77.0M
Runs until
no end date published in this record
Type
amendment
Field
Health & social

Read automatically from the title of the official record. The source document below is authoritative.

Committee
Public Works and Environmental Services - Housing Finance Authority
Requested by
Resilient Environment - Housing Finance Division
Introduced
August 22, 2024
On agenda
October 8, 2024
Passed
October 8, 2024

Where it was heard

County Commission Oct 8, 2024