Record #: F2021-2   
Type: Communication Status: Placed on File
Intro date: 1/27/2021 Current Controlling Legislative Body:
Final action: 1/27/2021
Title: Notification of sale of Multi-Family Housing Revenue Bonds (HPR Preservation Apartments Project), Series 2020
Sponsors: Dept./Agency
Attachments: 1. F2021-2.pdf
CITY OF CHICAGO

DEPARTMENT OF FINANCE



DEC23 '20 li:48fiM

, Lag^° CI TV CLERK 1


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


RE: $7,000,000 Multi-Family Housing Revenue Bonds (HPR Preservation Apartments Project)
Series 2020


Dear Ms. Valencia :


Attached is the Notification of Sale which is required to be filed with your office pursuant to Section 9 of the ordinance authorizing the issuance of Multi-Family Housing Revenue Bonds in an aggregate principal amount not to exceed $7,000,000 for HPR Preservation Apartments which was adopted by the City Council of the City of Chicago (the "City Council") on October 7, 2020.


Please direct this filing to the City Council.

Very Truly Yours.

Jennie Huang Bennett Chief Financial Officer








121 NORTH LASALLE STREET, ROOM 700, CHICAGO. ILLINOIS 60602
DETERMINATION CERTIFICATE ; AND NOTIFICATION OF SALE OF

CITY OF CHICAGO $7,000,000
MULTI-FAMILY HOUSING REVENUE BONDS (HPR PRESERVATION APARTMENTS PROJECT), SERIES 2020

Dated: December 21, 2020

To: The City Council ofthe City ofChicago

Please be advised that responsive;- to authorization contained in the Substitute Bond Ordinance adopted by the City Council (the "City Council") ofthe City of Chicago (the "City") on October 7, 2020 (the "Ordinance"), providing for the issuance, execution and delivery of up to $7,000,000 City of Chicago Multi-Family Housing Revenue Bonds (HPR Preservation Apartments Project), Series 2020 (the "Bonds"), the following documents were entered into by me, as the Chief Financial Officer, on behalf ofthe City and, where required, by the City Clerk of the City: the Bond Issuance Agreement, dated as of December 1, 2020, among the City, BMO Harris Bank N.A., as bondholder (the "Bondholder") and BMO Harris Bank N.A., as Fiscal Agent (the "Bond Issuance Agreement"); the Bond Loan Agreement, dated as of December 1, 2020, by and among the City, HPR Preservation Limited Partnership, as borrower ...

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