Record #: F2023-8   
Type: Report Status: Placed on File
Intro date: 2/1/2023 Current Controlling Legislative Body:
Final action: 2/1/2023
Title: Funding Loan Notification of Multi-Family Housing Revenue Notes (Roosevelt Square Phase 3B) Series 2023A, Series 2023B-1 and Series 2023B-2
Sponsors: Dept./Agency
Attachments: 1. F2023-8.pdf










3AKJHHr£Y 3.0 , 2023


Anna M. Valencia Office ofthe City Clerk 121 North LaSalle Street Room 107
Chicago, Illinois 60602


RE: Multi-Family Housing Revenue Notes (Roosevelt Square Phase 3B) Series 2023A, Series 2023B-1 and Series 2023B-2 (the "Notes")


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 passed on February 23, 2022 authorizing the issuance of the Notes, as amended on July 20, 2022 by the City Council authorizing an aggregate principal amount not to exceed $80,000,000 for Roosevelt Square Phase 3B Project.

Please direct this filing to the City Council.

Jennie Huang Bennett Chief Financial Officer

Very Truly Yours,
Chicago City Clerk-Council Biu.
2023 J9tH 20 pm2:45

$38,125,000 City of Chicago Multi-Family Housing Revenue Note, Series 2023A Roosevelt Square Phase 3B

$13,875,000 City of Chicago Multi-Family Housing Revenue Note, Series 2023B-1 Roosevelt Square Phase 3B

$24,250,000 City of Chicago Multi-Family Housing Revenue Note, Series 2023B-2 Roosevelt Square Phase 3B


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 Council") ofthe City of Chicago (the "City") on February 23, 2022, as amended by the amending ordinance adopted by the City Council of the City on July 20, 2022, (the "Ordinance "), providing for the execution and delivery of the Funding Loan Agreement (as defined below) and the sale of (i) the $38,125,000 principal amount of City Multi-Family Housing Revenue Note, Series 2023A (Roosevelt Square Phase 3B) (the "Governmental Lender Note, Series 2023A "); (ii) the $13,875,000 City Multi-Family Housing Revenue Note, Series 2023B-1 (Roosevelt Square Phase 3B) (the "Governmental Lender Note, Series 2023B-1") and (iii) the $24,250,000 City Multi-Family Housing Revenue Note, Series 2023B-2 (Roosevelt Square Phas...

Click here for full text