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City Officer: Lee, Edwin – Mayor – Filed: August 1, 2011 – Contractor: Citibank, N.A., (Funding Lender)

Nature of Contract

Citibank, N.A. is the Funding Lender in connection with the conduit financing for the Hunters View Phase 1 project. The Funding Lender (i) will advance funds (the "Funding Loan") to or for the account of the Governmental Lender, and (ii) apply the proceeds of the Funding Loan to make a loan (the "Borrower Loan") to the Borrower to finance the acquisition, contruction and development of a multifamily rental housing development located in the City known as Hunters View Phase 1 ( the "Project").

Date Contract Approved

6/15/11

Amount

$41,000,000

Form

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