$10M Bonds for Elysium Grand Apartments
- The Austin Housing and Finance Corporation held a public hearing.
- The hearing focused on approving the issuance of up to $10 million in private activity bonds.
- These bonds are intended to help finance the Elysium Grand Apartments project, located at 3300 Oak Creek Drive in District 7.
Full Transcript
Austin Housing and Finance Corporation Meeting Transcript – 11/09/2017
Title: ATXN 24/7 Recording Channel: 6 - ATXN Recorded On: 11/9/2017 6:00:00 AM Original Air Date: 11/9/2017 Transcript Generated by SnapStream ==================================
>> Mayor Adler: All right. I'm going to recess the city council meeting, 5:04 and I'm going to convene the Austin housing finance corporation meeting. Today is Thursday, November 9, 2017, 5:05 P.M., in the city council chambers here, we're the board of directors and all present you want to take us through this agenda. >> David potter with Austin housing and finance corporation. I'm here on behalf of Rosie truelove, the treasurer and today we have two items that we'd like to offer on consent. One is approval of minutes that the city clerk's office realized that we had not approved previously. The other one is to conduct a public hearing regarding thishence of up to $10 million of private activity bonds by the Austin housing finance corporation for the elysium grand apartments located at 3300 oak creek drive in district 7. So we offer those on consent. >> Mayor Adler: Is there a motion to approve the two consent items? Ms. Pool makes that. Ms. Houston seconds that. Any discussion? Those in favor please raise your hand. Those opposed. Abstaining? Ms. Troxclair abstains, others voting aye. Mr. Renteria off the dais. Those items are approved. >> Thank you. >> Mayor Adler: Thank you very much. Here at 5:06 we're adjourning -- I'm sorry, I didn't see it, Mr. Renteria was here. And they all voted aye.
[5:06:48 PM]
Except for Ms. Troxclair, who abstained. That's all the items on our agenda at 5:06 that meeting is adjourned. I now at 5:06 call us back into the city council meeting.