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Project Location:
<br />Maximum Principal Amount of
<br />Obligations:
<br />Mount Stuart Vista Project
<br />Project Description:
<br />Project Location:
<br />Maximum Principal Amount of
<br />Obligations:
<br />Patrick Place Project
<br />Project Description:
<br />Project Location:
<br />Maximum Principal Amount of
<br />Obligations:
<br />Trinal Manor Project
<br />Project Description:
<br />Project Location:
<br />Maximum Principal Amount of
<br />Obligations:
<br />2201 North Airport Road, Ellensburg, Washington
<br />98926
<br />$825,000
<br />Acquisition, rehabilitation and equipping of a 30 -unit
<br />multifamily housing facility currently known as
<br />Mount Stuart Vista
<br />1305, 1307, 1309 and 1311 Cora Street, and 704,
<br />705, 706, 707, 708, 709, 710, 711, 712, 713, 714,
<br />715, 716, 717, 719, 801, 802, 803, 804, 805, 806,
<br />807, 808, 809, 810 and 811 Rainier Avenue,
<br />Ellensburg, Washington 98926
<br />$4,045,000
<br />Acquisition, rehabilitation and equipping of a 16 -unit
<br />multifamily housing facility currently known as
<br />Patrick Place
<br />308 East Patrick Avenue, Kittitas, Washington
<br />98934
<br />$2,335,000
<br />Acquisition, rehabilitation and equipping of a 30 -unit
<br />multifamily housing facility currently known as
<br />Trinal Manor
<br />107 West 11 I" Avenue, Ellensburg, Washington
<br />98926
<br />$4,371,000
<br />WHEREAS, the Authority has advised the County that the Obligations to be issued by
<br />the Authority for the Projects pursuant to the Plan of Financing (a) may consist of a line of credit
<br />and/or one or more issues (including refunding issues) of revenue bond anticipation notes to
<br />provide interim financing for the Projects and one or more issues (including refunding issues) of
<br />long-term revenue bonds to provide permanent financing for the Projects; (b) will be issued in
<br />accordance with a schedule such that the first issue of Obligations for the Projects will be issued
<br />no later than one year after the date of this approval and any subsequent issue for the Projects
<br />will be issued no later than three years after the issue date of the first such issue for the Projects;
<br />(c) will not exceed a maximum aggregate principal amount of $15,435,000; and (d) in
<br />calculating the maximum aggregate principal amount of Obligations issued for the Projects
<br />pursuant to the Plan of Financing, the principal amount of any issue of Obligations used to
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