File #: 23-0371    Name: RES Ground Lessor
Type: Agenda Item Status: Agenda Ready
In control: McKinney Housing Finance Corporation
On agenda: 5/12/2023 Final action: 5/12/2023
Title: Consider/Discuss/Act on Resolution Authorizing the Formation of MHFC Virginia Parkway Holdings, LLC, to Serve as Ground Lessor, to Acquire and Hold Fee Title to the Land Upon Which the Project will be constructed and to Enter into a Ground Lease with the Partnership; with the McKinney Housing Finance Corporation as Sole Member, and Approving the Form and Substance of the Respective Limited Liability Company Agreements; Authorizing the Execution of Documents and Instruments Necessary or Convenient to Carry out the Purposes of this Resolution; and Containing other Provisions Relating Thereto
Attachments: 1. Resolution

Title

Consider/Discuss/Act on Resolution Authorizing the Formation of MHFC Virginia Parkway Holdings, LLC, to Serve as Ground Lessor, to Acquire and Hold Fee Title to the Land Upon Which the Project will be constructed and to Enter into a Ground Lease with the Partnership; with the McKinney Housing Finance Corporation as Sole Member, and Approving the Form and Substance of the Respective Limited Liability Company Agreements; Authorizing the Execution of Documents and Instruments Necessary or Convenient to Carry out the Purposes of this Resolution; and Containing other Provisions Relating Thereto