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Last modified
2/12/2024 12:47:05 PM
Creation date
7/22/2005 6:40:53 AM
Metadata
Fields
Template:
Planning Files
Planning Files - Planning File #
1867
Planning Files - Type
Special Use Permit
Address
2755 LEXINGTON AVE N
Project Name
LEXINGTON AVENUE LTD. PARTNERSHIP
Applicant
GEORGE REILING
Status
Approved
Date Final City Council Action
9/12/1988
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<br />I <br />I <br /> <br />. <br />. <br /> <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />Can-AmerIcan Realty corporatIon is the General Partner of the <br />partnership. canad~all F1nanClal Hous1ng corporat1on, Lount <br />corporation and tanajlan InVestMent Corpo~dtiun ale Lhp General <br />Partners of the Local Partnership. <br /> <br />The following projects were de ;loped by Canadian FInancial Housing <br />Cor~orat1on, an affll1ate of Can-American Realty torporat1on and <br />nar~eted through varIous Investment Bankers. <br /> <br />CArITAL HOUSING PARTNERS - LVIII <br />$1,749,000 Lim1ted partnership Interests~ Offering Date: June 1979. <br /> <br />Principal Investment: To invest In two local LImited Partnerships <br />WhlCh were organ1zed to own, develop and operaLe WAYBURY, a ll4-unit <br />garden apartment proJect In Chaska, MInnesota, and VILLAGE GREEN, a <br />196-unit garden apartMent and townhouse project in Fr1dley, <br />Minnesota. <br /> <br />Construction and PerManent Financing: <br /> <br />wayt~~y - PL~vljed through the sale of tax-exempt bonds in the aMount <br />of $3,800,000 issued by the CIty of Chaska. <br /> <br />Village Green - Provided through a perman~nt Loan in the amount of <br />$6,404,275 through the Minnesota H~usin9 Finance Agency. <br /> <br />Canad1an F1nancial Housing Cor;oratlon and Lou~t Corporation are <br />General Partners of the Local ~'rtnerships. <br /> <br />CAPITAL HOUSING PARTNERS - LVI <br /> <br />$915,000 Limited Partnership Intprests. OfferIng Date: A9riJ 1978. <br /> <br />Princ1pal Invest~ent: To Invest 10 a Local Llnited partnpcsh1p WhlCh <br />was organIzed to OWl", develop and operate DHEN BROHN PL1\.<...c:, a <br />10-story, 188- unit apartnent proJect in colunbla, Mary~and. <br /> <br />construction and PerManent Flnancin: ProvIded through a per~anent <br />loan 1n the anount of 5,750,000 from the Maryland COMMunity <br />Developnent Agency. <br /> <br />Canajlan Financlal Ho~slng Corporatlon 1S the General Partner of the <br />Local Partnersh1p. <br />
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