Notice is hereby given that the Florida Housing Finance Corporation (“Florida Housing”) will conduct a public hearing in accordance with Section 147(f) of the Internal Revenue Code (“TEFRA Hearing”) to which all interested persons are invited. To ...

FLORIDA HOUSING FINANCE CORPORATION

The Florida Housing Finance Corporation announces a public meeting to which all persons are invited.
DATE AND TIME: December 21, 2010, 10:00 a.m. (Tallahassee Local Time)
PLACE: Florida Housing Finance Corporation, 227 North Bronough Street, Suite 5000, Tallahassee, Florida
GENERAL SUBJECT MATTER TO BE CONSIDERED: Notice is hereby given that the Florida Housing Finance Corporation (“Florida Housing”) will conduct a public hearing in accordance with Section 147(f) of the Internal Revenue Code (“TEFRA Hearing”) to which all interested persons are invited.
To conduct a TEFRA hearing concerning the potential future issuance of tax-exempt bonds by Florida Housing to provide additional financing for the acquisition, construction or rehabilitation of the following multifamily residential rental development in the aggregate face amount, not to exceed the amount listed below:
Sabal Palm Harbor Apartments, a 264-unit multifamily residential rental development located at 5385 30th Street, Bradenton, Manatee County, Florida 34203. The owner and operator of the development is Sabal Palm Harbor Partners, Ltd. Co., 700 West Morse Boulevard, Suite 220, Winter Park, Florida 32789 or such successor in interest in which Atlantic Housing Partners, L.L.L.P. or an affiliate thereof, is a managing member, general partner and/or controlling stockholder. The prospective manager of the proposed development is Concord Management, Ltd., 1551 Sandspur Road, Maitland, Florida 32751. The tax-exempt bond amount is not to exceed $10,400,000.
All interested parties may present oral comments at the public TEFRA hearing or submit written comments regarding the potential bond issuance for the development being financed. Written comments should be received by Florida Housing by 5:00 p.m. (Tallahassee Local Time), December 20, 2010, and should be addressed to the Attention: Len Stirrat, Multifamily Bond Administrator. Any persons desiring to present oral comments should appear at the hearing.
If requested in writing, a fact-finding hearing will be held in the county where the property is located. When possible, the local hearing will be held before the formal TEFRA hearing and comments received at the local hearing will be placed on record at the TEFRA hearing.
A copy of the agenda may be obtained by contacting: Len Stirrat at [e-mail] or [phone].
If any person decides to appeal any decision made by the Board with respect to any matter considered at this meeting or hearing, he/she will need to ensure that a verbatim record of the proceeding is made, which record includes the testimony and evidence from which the appeal is to be issued.