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% <br /> 0 FAX 16 1 j N r, %;�. . .3 <br /> 0 20 98 M e L 0 R j <br /> E-Tular. open, public Scssion <br /> 3 %7 1 n 'via <br /> L I I I.- <br /> The City' Council of (711Y Of Ros.7evilL <br /> AL <br /> c • I T%I-OTT <br /> tici's present., <br /> 0-.n TUJI <br /> at ihe Cfty Hall j <br /> 1998. at 6 '0 p. <br /> aud th(� following members absent- <br /> t0iht:r B LI.S1 11 ef_� <br /> 'I'hefollowing-resolun(��n wab- im-Lroducepd-_ <br /> .1 r <br /> RESOLUFlro_,.\ N..()_ <br /> A <br /> RESOLU'rION AUTHORIZING f-"F RINICT iN CONNKTION <br /> 11 TT,T1 F ff L HOUSTNNG REVENUE <br /> WITH THE ISSUANCE OF N . .....L <br /> REF UNDINC"i BON. D.%5 (ROSEP01IN-­11--i" I 1-'_'F-Z,0_TF.CT./ <br /> WHEREAS. the City Milixieso-a L'vm) Ilia-s h.erc;toforc iSSW�,d it-s <br /> .4 -0 r <br /> Rental Housing Reventue Bonds (RoscPoInto I Pv(:,-,pct A, 1985-A, in lbe agrgrecrate <br /> L 1 of <br /> pri-ocipal amount of$1 4..400.000 as amended as of Mai-rch '.2,0, 1990 (the "Series 9 Bonds": <br /> which$13-785,000 in principal aniount are o-ut.-Stand'in.,% _=mo d <br /> %-. 1,01 tlhf,� purr-ose o-f making a loaji to <br /> WHEREAS, the Serics 1985 Bonds w 1re is--�,,ued r <br /> Dose Points ficusing Limited" Partnership., a Mitmesot3a 11i.111-icd partnership (tli a Borrower"), to <br /> 1nance the acquisitlorl, construction, irnprovemeni �-tn e-qu.ppincT of a 148-unit elderly rental <br /> M <br /> liousing facility in the City-, and <br /> 4 to Issue 1 .; MU ILifatnil'y Housing <br /> ) N <br /> WHEREAS,the Borrower b as requesicd th,6%e L L, <br /> Rt: nt-- or niore scrics. in an ag <br /> -venue Refunding Bonds, (Rose.Pp.-Inte I Pr( I eclp.)_ III 0114L�_%e gregate <br />