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= Louisville Housing Authority < '
<br /> Louisville Housing Authority (LHA)ec.., f ,
<br /> l'eeso`lution 2011305; ' t,
<br /> A Resolution for the P�irpzose'ofMApproving sepa men of$16404 00'to th*East . x 9
<br /> StAetLP for`Defert�ed Int&est paid to LIlA in error duxknps 2004,2005, and"2009 ,
<br /> ,� andi a Transfer of Funds from'the LIIA ilnrestrkteit0419,:T.t/Replacemept+
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<br /> fr a �t �"Tteserve accounf - '" � .gyp xn!>x C5 �r.Y � �i�'.
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<br /> ' WHEREAS,the Louisvilie Housing'Authority,,,:.BHA )is;a member,`of the,FasGStreet Limited
<br /> Partnership,(the_,Partnership') and 2 `,
<br /> i1-z f 5' W$EREAS,`the Partnei l ipfi`s*governed�by fle±te�ins of th&1 tNt4Amended and!Restated 1
<br /> } F {�r Agtc-msnt�oi L,mrt Partnership*of yEast Street; LP(the `nfilt4°ip A'g men Y'), t S ` T1' c•
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<br /> t<•h -t t tr WHERE�IS;"A"1rGCle C3 ofthe Partnership a ieement sets fotthtU a allgcation of Net Cxsh$low, ;:, "_' F'' ,
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<br /> mss[it�� { e`. n a a es :.. i�it,r w A � -�: t i &�� n t}^"' d�h3 a �. i :74.1:.$ � ,!-�F ' ..•.F .t x 6""'<.v 'L '''',''''"(7:11;q 1 Y' ,, h' ..,gr 4,+t,. f *.k i{F¢ � i4 qtr. ::4 tip`� } T cri iy "' '
<br /> -',A r r r ''V"A;:RSA;>, actkAll48the Fanners 11?%N. reel i adanscon�unctlon widiSectioyti i � z i.,;::,...,,...;,,
<br /> £` t V t� T'.a h w4 2(1)and 4 2(m)df<tli4 Partnership"Agreemgnt. p4 icate,thpt $aa Ir=Fiow shall�ohly bt $ 4, '' X<9. ..* y ,
<br /> ated a1Ief,ell:deposits requJredvto_maintaii•the required,idT nce`tn(the`Operating Reserve 77 ri
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<br /> rt,tt ; have beet made;and,p , a i,' t _ t re *3yy? + F a wyl„ . '
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<br /> 1' WHEREAS i I-IA has recerved'paymants totaling$16,404=dQ ut'�2004;2005, and 2009,from , y ,
<br /> the Paitnership s,Nbt Cash Flow Distributions before severaitdepos tswere made asirequued toff w P
<br /> ''''.1---A-1.k.''''' manitam`Uie required balanck in the Operating Reserve,-and_ k f s c'
<br /> WHE 2EAS;focthetreasons set forth•above, such$16.404 0Ofof„paymentstwerejn in- k I .
<br /> ' the terms ofthe PartnershipAgreementlerr rY r ';
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<br /> �� �. t r `� r i '•'d$ 1 Al n -(t: � .sir”-i:,p• '.•
<br /> ,' ., s NOW`�'HERERO , be'a resohed,t}iat th ,Lopisvdle�l3oiasm'g�Authority has ap:'t, 0 l the'r"4ment 'r
<br /> a, R ,ty of$16,40}4 00 to�thePast Streej LP for Defers•ed4nferest.Tr.e.9-`,I,>ttIA in error during 2004, 2005,and#iF
<br /> A . fi . ,2d09 and the Transfer ofFiindsFfromithe LHA�U es cteeal4its$ aint/Replace icnt Resei`ve a6courft `r
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<br /> ��r ,r . y ...t!` ' r ! Fagged ail_ 11 �,.,, * day of iSune it 011 J= ` F
<br /> r♦F + ^,j, r .pit, g �t"` ;lira t $ x :4 r l� 1,t r vyr7 i.. -. , F'xhY"' i i `2
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<br /> r< -1 r ., !C' y :1-F Louisvdio`H°using Authority i ,
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<br /> 3`r`-'�+ , y _ I heieby certify that the fcregoi gtis a fu114'tiue and cotrectcco&oftthe Resoli tiomadopted by the �r ` ,
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<br /> r ; t Louisville Housirig,Authoniy at the'meetmgiof said Authority ui Louisville Colorado] ', l
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<br /> 1,"r`'12:::"":'''''''''' '1'..'1'"":'4 4. � ran1F r �A'lexander � tix' '' "..et':3 � a rt' 7�',
<br /> Sxeouttve Director,Boulder`County Housrng Ayfliority ` r i
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<br /> `re� _' Post'Office 80x'471• ,Boulder, Colorado 8030fir (303) 3929 ° -, z i
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