COMPLETED BOARD ORDER?"y??S-1
Before the Board of Supervisors in and for the
County of Monterey, State of California
a. Conduct a public hearing under the requirements of the Tax Equity and
Financial Responsibility Act TEFRA) and the Internal Revenue Code of
1986, as amended for the Cynara Court Affordable Housing Project
located at 10860-10868 Merritt Street and 10201-10203 Merritt Street in
Castroville being developed by Mid-Peninsula Housing Coalition and
b. Adopt Resolution approving the issuance of up to $11,700,000 in Private
Activity Bonds by the California Municipal Finance Authority CMFA)
for the benefit of Mid-Peninsula Castroville Associates, L.P. to provide for
the financing of the Project.
Upon motion of Supervisor Parker, seconded by Supervisor Calcagno, and carried by those
members present, the Board hereby:
a. Conducted a public hearing under the requirements of the Tax Equity and Financial
Responsibility Act TEFRA) and the Internal Revenue Code of 1986, as amended for the
Cynara Court Affordable Housing Project located at 10860-10868 Merritt Street and 10201-
10203 Merritt Street in Castroville being developed by Mid-Peninsula Housing Coalition
and
b. Adopted Resolution No. 10-092 approving the issuance of up to $11,700,000 in Private
Activity Bonds by the California Municipal Finance Authority CMFA) for the benefit of
Mid-Peninsula Castroville Associates, L.P. to provide for the financing of the Project.
PASSED AND ADOPTED this 13th day of April, 2010, by the following vote, to wit:
AYES: Supervisors Armenta, Calcagno, Salinas, Parker, Potter
NOES: None
ABSENT: None
I, Gail T. Borkowski, Clerk of the Board of Supervisors of the County of Monterey, State of California, hereby
certify that the foregoing is a true copy of an original order of said Board of Supervisors duly made and entered in
the minutes thereof of Minute Book 75 for the meeting on April 13, 2010.
Dated: April 15, 2010 Gail T. Borkowski, Cler...
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