Record #: F2013-20   
Type: Communication Status: Placed on File
Intro date: 3/13/2013 Current Controlling Legislative Body:
Final action: 3/13/2013
Title: Notification of sale of Multi-Family Housing Revenue Bonds, Series 2012 (Shops and Lofts at 47th Project)
Sponsors: Dept./Agency
Attachments: 1. F2013-20.pdf
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Department of Finance city of chicago
February IS~, 2013


Susana Mendoza City Clerk
121 North LaSalle Street Room 107
Chicago, Illinois 60602

RE: City of Chicago, Illinois
Multi-Family Housing Revenue Bonds, (Shops and Lofts at 47lh Project), Series 2013

Dear Ms. Mendoza:

Attached is the Notification of Sale which is required to be filed with your office pursuant to Section (8) of the ordinance issuing City of Chicago Multi-Family Housing Revenue Bonds, Series 2012 (Shops and Lofts at 47th Project) and Execution of Redevelopment Agreement with certain developer entities for construction of affordable Multi-Family Housing, which was passed by the City Council on October 31st, 2012.


Please direct this filing to the City Council.



Very Truly Yours,

Chief Financial Officer








33 NORTH LASALLE STREET, SUITE 600, CHICAGO, ILLINOIS 60602
NOTIFICATION OF SALE OF
CITY OF CHICAGO
$16,800,000 Multi-Family Housing Revenue Bond (Shops and Lofts at 47th Project), Series 2013

To: The City Council of the City of Chicago
Please be advised as of this 1st day of February, 2013, that responsive to authority contained in the Ordinance adopted by the City Council (the "City Council") of the City of Chicago (the "City") on October 31, 2012 (the "Ordinance"), providing for the issuance of $16,800,000 Multi-Family Housing Revenue Bond (Shops and Lofts at 47th Project), Series 2013 (the "Bond'y, and with the concurrence of the Chairman of the Committee on Finance of the City Council, (i) a Bond Issuance Agreement dated as of February 1, 2013 (the "Bond Issuance Agreement"), providing for the sale of the Bond at an aggregate purchase price of $ 16,800,000, was entered into by me, as the Chief Financial Officer, on behalf of the City with JPMorgan Chase Bank, N.A., as Bondholder (the "Bondholder"), and JPMorgan Chase Bank, N.A., as Fiscal Agent (the "Fiscal Agent"), and (ii) a Loan Agreement dated as of February 1, 2013 (the "Loan Agreement") wa...

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