Record #: F2020-52   
Type: Communication Status: Placed on File
Intro date: 9/9/2020 Current Controlling Legislative Body:
Final action: 9/9/2020
Title: Determination Certificate and Requisite Funding Loan Notification of Multi-Family Housing Revenue Notes for Emmett Street Apartments
Sponsors: Dept./Agency
Attachments: 1. F2020-52.pdf
CITY OF CH ICAGO










Andrea M. Valencia City Clerk
121 North LaSalle Street Room 107
Chicago, Illinois 60602


RE: $2,866,960 Multi-Family Housing Revenue Note (Emmett Street Apartments) Series 2020A and $19,133,040 Multi-Family Housing Revenue Note (Emmett Street Apartments) Series 2020B


Dear Ms. Valencia :

Attached is the Funding Loan Notification which is required to be filed with your office pursuant to Section 6 of the ordinance authorizing the issuance of Multi-Family Housing Revenue Notes in an aggregate principal amount not to exceed $22,000,000 for Emmett Street Apartments which was adopted by the City Council of the City of Chicago (the "City Council") on May 20, 2020.
/
Please direct this filing to the City Council.

Very Truly Yours,



Jennie Huang Bennett Chief Financial Officer









121 NORTH LASALLE STREET, CHICAGO, ILLINOIS 60602
DETERMINATION CERTIFICATE
AND H
FUNDING LOAN NOTIFICATION £
OF h~! ^3
CITY OF CHICAGO ^
$2,866,960 S-j 5 -jn
Multi-Family Housing Revenue Note (Emmett Street Apartments), SerieszjOjOATT *^ ~"
$19,133,040 ^ Multi-Family Housing Revenue Note (Emmett Street Apartments), Series 2020B

Dated: August 31, 2020

To: The City Council of the City of Chicago

Please be advised that, responsive to authority contained in the Ordinance adopted by the City Council (the "City CounciV) of the City of Chicago (the "City") on May 20, 2020 (the "Ordinance"), providing for the execution and delivery of: (a) the Funding Loan Agreement dated as of August 1, 2020 (the "Funding Loan Agreement") between the City and Citibank, N.A. (the "Funding Lender") and the issuance by the City pursuant thereto of two notes in the maximum principal amounts of not to exceed (i) $2,866,960 Multi-Family Housing Revenue Note (Emmett Street Apartments), Series 2020A (the "Series 2020A Governmental Lender Note"), and (ii) $19,133,040 Multi-Family Housing Revenue Note (Emmett Street Apartments), Series 2020B (the "Series 2020B Governmental Lender N...

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