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9.C. PUBLIC NOTICE ITEM - NOTICE OF TEFRA (TAX EQUITY <br />FISCAL RESPONSIBILITY ACT) PUBLIC HEARING <br />SCHEDULED FOR SEPTEMBER 4, 2001 - LINDSEY <br />GARDENS II LTD - INDUSTRIAL BOND APPLICATION - <br />FLORIDA HOUSING REVENUE BONDS <br />The Board reviewed a Memorandum of August 1, 2001: <br />TO: <br />THRU: <br />FROM: <br />DATE: <br />SUBJECT: <br />Board of County Commissioners <br />James E. Chandler, County Administrator <br />Joseph A. Baird. Assistant County Administrator <br />August 1, 2001 <br />Request for and Notice of TEFRA (Tax Equity Fiscal <br />Responsibility Act) Public Hearing <br />Lindsey Gardens II Ltd. — a Florida Limited Partnership <br />Industrial Bond Application <br />Lindsey Gardens II Ltd., a Florida limited partnership wishes to apply for District 9B Industrial <br />Bond Allocation from the State so that the Florida Housing Finance Corporation can issue Multi - <br />Family Housing Revenue Bonds in a pnncipal amount not to exceed 51,100.000. Lindsey <br />Gardens II will consist of 72 units located in Gifford at 4885 38`h Circle, and to be occupied by <br />persons of low, moderate, and middle income. <br />In order for Lindsey Gardens II to be able to apply for Industrial Revenue Bond Allocation in <br />District 9B, Indian River County must hold a TEFRA public hearing We are requesting <br />permission to hold a TEFRA public hearing on Tuesday, September 4, 2001. <br />RECOMMENDATION <br />Staff recommends the Board approve holding a TEFRA Public Hearing on September 4, 2001 <br />for Lindsey Gardens II so they can apply for an Industrial Revenue Bond Allocation. <br />NO ACTION REQUIRED OR TAKEN. <br />AUGUST 7, 2001 <br />BK 119 G 081 <br />