Place an ad
WARNING: This ad has expired and is no longer valid as of March 3, 2020

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 $15,000,000 TO FINANCE A MULTIFAMILY HOUSING RENTAL DEVELOPMENT TO BE OWNED AND OPERATED BY VG DLH DEVELOPMENT, LP YOU ARE HEREBY NOTIFIED, as required by Section 147(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 133 Peachtree Street, N.E. Suite 2900, Atlanta, Georgia 30303, on the 11th day of February, 2019, at 10:00 a.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 $15,000,000 (the "Bonds"). The proceeds of the sale of the Bonds, when and if issued, are to be used to finance a loan to VG DLH Development, 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 150 apartment units located at 2174 and 2176 Donald Lee Hollowell Parkway, N.W., Atlanta, Georgia 30318 (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: Rosalind Rubens Newell, Esq., Urban Residential Finance Authority of the City of Atlanta, Georgia, c/o Invest Atlanta, 133 Peachtree Street, N.E., Suite 2900, Atlanta, Georgia 30303. 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 2/3/20
February 3, 2020
March 3, 2020
March 3, 2020 8:10pm