Place an ad
WARNING: This ad has expired and is no longer valid as of October 25, 2019

Legal Notice Notice of Public Hearing on

LEGAL NOTICE NOTICE OF PUBLIC HEARING ON THE PROPOSED ISSUANCE BY THE URBAN RESIDENTIAL FINANCE AUTHORITY OF THE CITY OF ATLANTA, GEORGIA OF ITS TAX-EXEMPT MULTIFAMILY HOUSING REVENUE BONDS IN ONE OR MORE SERIES HAVING AN AGGREGATE PRINCIPAL AMOUNT OF NOT TO EXCEED $17,500,000 TO FINANCE A MULTIFAMILY HOUSING RENTAL DEVELOPMENT TO BE OWNED AND OPERATED BY TBG SYLVAN HILLS SENIOR I, LP YOU ARE HEREBY NOTIFIED, as required by Section147(f) of the Internal Revenue Code of 1986, as amended (the "Code"), that a public hearing will be held by or on behalf of the Urban Residential Finance Authority of the City of Atlanta, Georgia (the "Authority") at its offices at 133Peachtree Street,N.E. Suite2900, Atlanta, Georgia30303, on the 3rd day of October, 2019, at 10:30a.m., concerning a proposed issuance by the Authority of its tax-exempt Multifamily Housing Revenue Bonds in one or more series in an aggregate principal amount not to exceed $17,500,000 (the "Bonds"). The proceeds of the sale of the Bonds, when and if issued, are to be used to finance a loan to TBG Sylvan Hills Senior I, LP, a Georgia limited partnership (the "Borrower"), to finance a portion of the cost of the acquisition, construction and equipping by the Borrower of a multifamily housing rental development consisting of approximately 180apartment units to be known as Sylvan Hills Senior Apartments located at 1050 Sylvan Road, S.W., Atlanta, Georgia 30310 (the "Project"). The proposed Bonds will be a limited obligation of the Authority and will not be an obligation of the City of Atlanta, Georgia or of the State of Georgia, or of any county, municipal corporation or political subdivision of the State of Georgia. The proposed Bonds will not be paid from taxes but will be payable by the Authority solely from amounts to be paid or provided by the Borrower and NO PERFORMANCE AUDIT OR PERFORMANCE REVIEW SHALL BE CONDUCTED WITH RESPECT TO SUCH BOND ISSUE. Any person wishing to express views on the proposed issuance of the Bonds or the location or nature of the Project or plan of financing may be heard at such public hearing at the above address, or by submitting written comments prior to the date scheduled for the hearing to: W. Tremayne Green,Esq., Urban Residential Finance Authority of the City of Atlanta, Georgia, c/oInvest Atlanta, 133Peachtree Street,N.E., Suite2900, Atlanta, Georgia30303. All written comments will be made available for review by all parties attending the public hearing. URBAN RESIDENTIAL FINANCE AUTHORITY OF THE CITY OF ATLANTA, GEORGIA 9/26/19
September 26, 2019
October 25, 2019
October 25, 2019 8:10pm