MOTION TO ADOPT Resolution, the title of which is as follows: (Commission District 8) A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF BROWARD COUNTY, FLORIDA AUTHORIZING THE ISSUANCE BY THE HOUSING FINANCE AUTHORITY OF BROWARD COUNTY, FLORIDA (THE “HFA”) OF ITS NOT TO EXCEED $21,500,000 MULTIFAMILY HOUSING REVENUE NOTE, SERIES 2026 (SISTRUNK VIEW) (THE “NOTE”) FOR THE PURPOSE OF FINANCING THE ACQUISITION, CONSTRUCTION AND EQUIPPING OF SISTRUNK VIEW LOCATED IN BROWARD COUNTY, FLORIDA (THE “PROJECT”); ESTABLISHING PARAMETERS FOR THE AWARD OF THE SALE THEREOF AND ESTABLISHING CRITERIA FOR DETERMINING THE TERMS THEREOF, INCLUDING INTEREST RATES, INTEREST PAYMENT DATES, MATURITY SCHEDULE AND OTHER TERMS OF SUCH NOTE; APPROVING THE FORMS OF AND AUTHORIZING THE EXECUTION AND DELIVERY OF (I) A FUNDING LOAN AGREEMENT BY AND AMONG THE HFA, TRUIST BANK, AS INITIAL FUNDING LENDER, AND THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., AS FISCAL AGENT (THE “FISCAL AGENT”); (II) A PROJECT LOAN AGREEMENT BY AND AMONG THE HFA, THE FISCAL AGENT AND SISTRUNK VIEW, LLC (THE “BORROWER”); (III) A LAND USE RESTRICTION AGREEMENT BY AND AMONG THE HFA, THE FISCAL AGENT AND THE BORROWER; (IV) AN EXTENDED LAND USE RESTRICTION AGREEMENT BY AND BETWEEN THE HFA AND THE BORROWER; (V) AN ASSIGNMENT OF MORTGAGE AND LOAN DOCUMENTS BY THE HFA TO THE FISCAL AGENT; (VI) AN ASSIGNMENT OF THE PROJECT NOTE BY THE HFA TO THE FISCAL AGENT; (VII) A PLACEMENT AGENT AGREEMENT BY AND BETWEEN THE HFA AND RAYMOND JAMES & ASSOCIATES, INC., AS PLACEMENT AGENT; AND (VIII) A FISCAL AGENT FEE AGREEMENT BY AND BETWEEN THE HFA AND THE FISCAL AGENT; APPROVING AND AUTHORIZING THE EXECUTION AND DELIVERY BY THE HFA OF CERTAIN ADDITIONAL AGREEMENTS NECESSARY OR DESIRABLE IN CONNECTION WITH THE ISSUANCE OF THE NOTE; APPROVING AND RATIFYING THE HFA’S PUBLICATION OF A NOTICE OF PUBLIC HEARING AND THE SUBSEQUENT HOLDING OF SUCH PUBLIC HEARING EACH UNDER SECTION 147(F) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, IN CONNECTION WITH THE ISSUANCE OF THE NOTE BY THE HFA; AUTHORIZING THE PROPER OFFICERS OF THE HFA TO DO ALL THINGS NECESSARY OR ADVISABLE IN CONNECTION WITH THE ISSUANCE OF THE NOTE; AND PROVIDING AN EFFECTIVE DATE FOR THIS RESOLUTION.

Committee

Public Works and Environmental Services - Housing Finance Authority

Requested by

Resilient Environment - Housing Finance Division

Introduced

September 17, 2026

On agenda

October 20, 2026

Where it was heard

County Commission Oct 20, 2026

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