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fee of $85,000. The fee will be paid by the Borrower, and the Borrower is responsible for paying all <br />other costs of issuing the Bonds, including the City’s bond counsel. <br /> <br />The City of Little Canada’s bond attorney, Catherine Courtney, will be unable to attend the meeting, <br />but her associate, Rachel Lochner, from Taft Law Firm, will attend the public hearing to answer any <br />questions you may have about this process. <br /> <br />Recommendation: <br />Following the public hearing, staff recommends City Council adoption of a resolution approving the <br />issuance and sale of a Multifamily Housing Revenue Note for the Little Canada Senior Housing <br />Project, Series 2026, and approving the housing program pursuant to Minnesota Statutes, Chapter <br />462C. <br /> <br />Attachments: <br />• Attachment A: Letter from Metropolitan Council <br />• Attachment B: Draft Resolution <br />• Attachment C: Funding Loan Agreement <br />• Attachment D: Project/Borrower Loan Agreement <br />• Attachment E: Regulatory Agreement <br />• Attachment F: Mortgage <br />• Attachment G: Assignment of Mortgage and Funding <br />