Notice of Public Hearing Regarding the Issuance of Bonds for Palladium Midland Apartments
September 23, 2015
Notice is hereby given of a public hearing to be held by the Texas State Affordable Housing Corporation (the “Issuer”) at the office of the Issuer at, 2200 East Martin Luther King Jr. Blvd., Austin, Texas 78702 on June 2nd at 11:30 AM, on the proposed issuance and reissuance by the Issuer of one or more series, pursuant to a plan of financing, of multifamily housing revenue bonds (the “Bonds”) to provide financing and refinancing for the construction and equipping of a multifamily housing project to be known as Palladium Midland Apartments consisting of an apartment building or buildings containing approximately 264 units (the “Project”), as well as to fund any working capital for the Project, any reserve funds and costs of issuance for the Bonds. The Project will be located at 2200 Lamesa Blvd, Midland, Midland County, Texas, and will be owned by THF Palladium Midland, LTD. and its successors and assigns, and will be operated by Omnium Management Company. The maximum aggregate face amount of the Bonds to be issued with respect to the Project is $50,000,000.
All interested persons are invited to attend the public hearing to express orally, or in writing, their views on the Project and the issuance of the Bonds. The Bonds shall not constitute or create an indebtedness, general or specific, or liability of the State of Texas, or any political subdivision thereof. The Bonds shall never constitute or create a charge against the credit or taxing power of the State of Texas, or any political subdivision thereof. Neither the State of Texas, nor any political subdivision thereof shall in any manner be liable for the payment of the principal of or interest on the Bonds or for the performance of any agreement or pledge of any kind which may be undertaken by the Issuer and no breach by the Issuer of any agreements will create any obligation upon the State of Texas, or any political subdivision thereof. Further information with respect to the proposed Bonds will be available at the hearing or upon written request prior thereto addressed to the Issuer at 2200 East Martin Luther King Jr. Boulevard, Austin, Texas 78702, Attention: David W. Danenfelzer; (512) 477-3562.
Individuals who require auxiliary aids in order to attend this meeting should contact Laura Ross, ADA Responsible Employee, at 512-477-3560 at least two days before the meeting so that appropriate arrangements can be made.
Individuals may transmit written testimony or comments regarding the subject matter of this public hearing to David Danenfelzer at firstname.lastname@example.org.
Senior Director of Development Finance Programs
Texas State Affordable Housing Corporation
2200 East Martin Luther King Jr. Boulevard
Austin, Texas 78702