lee county notice of public hearing concerning the housing finance authority of lee county, florida's single family mortgage revenue bonds


lee county notice of public hearing concerning the housing finance authority of lee county, florida's single family mortgage revenue bonds

When: Tuesday, December 5, 2023

Where: Lee County Old Courthouse
2120 Main Street
County Commissioners' Chambers
Fort Myers, FL 33901





For the purpose of Section 147(f) of the Internal Revenue Code of 1986, as amended, notice is hereby given that a public hearing will be held on behalf of the Housing Finance Authority of Lee County, Florida with respect to the issuance of its Single-Family Housing Revenue bonds in the aggregate principal amount of not to exceed $50,000,000.00 bonds pursuant to Chapter 159, Part IV, Florida Statutes.

The public hearing will be held on Tuesday, December 5, 2023, at 9:30 AM, or as soon thereafter as can be heard, in the County Commissioners' Chambers, Lee County Courthouse, 2120 Main Street, Fort Myers, Florida.

The proceeds of which will be used to refund certain outstanding obligations of the Authority and/or to purchase federally Insured or guaranteed mortgage loans originated by participating  local lending institutions to finance or refinance the purchase of new or existing owner-occupied single-family residences situated within Lee County, Florida, and by persons or families of low, moderate or middle income (the "Project"), to purchase securities from a master servicer evidencing interests in or backed by a pool of such mortgage loans, including, without limitation, securities issued by the federal government or agencies thereof or to be used in conjunction with a Mortgage Credit Certificate program.

The Bonds shall not be a debt, liability or obligation of the Authority or of Lee County, Florida, or the State of Florida, or of any political subdivision thereof, but shall be payable solely from the above-referenced mortgage loans or securities evidencing an interest in or backed by a pool of such mortgage loans. The Bonds are not a debt of the United States of America or any agency thereof, or of GNMA, Fannie Mae or Freddie Mac, and are not guaranteed by the full faith and credit of the United States of America.

Copies of this Notice and the proposed Resolution is available for inspection or copying during regular business hours at the Minutes Office of the Clerk of Courts of Lee County, located in the Courthouse Administration Building, 2115 Second Street, Fort Myers, Florida. Minutes Office can be reached at 239-533-2328. Interested parties may appear at the meeting of the Board of County Commissioners, in person or through a representative, and be heard by the Board on the proposed Resolution.

Anyone wishing to appeal the Board's decision(s) with respect to any matter considered at this meeting will need a record of the proceedings. Generally, a verbatim record, including all testimony and evidence upon which the appeal is to be based, will be necessary.

Lee County will not discriminate against individuals on the basis of race, color, national origin, sex, age, disability, religion, income or family status. To request language interpretation, document translation or an ADA-qualified reasonable modification at no charge to the requestor, contact Joan LaGuardia, (239) 839-6038, Florida Relay Service 711, at least five business days in advance. El Condado de Lee brindará servicios de traducción sin cargo a personas con el idioma limitado del inglés.