Notice of Public Hearing

Event Type:
In-person Event
May 13, 2019 03:00pm - 04:00pm
Public Forum

<p><strong>Cook County Bureau of Economic Development and Bureau of Finance - Notice of Public Hearing</strong></p><p>&nbsp;</p>


Notice is hereby given that on Monday, May 13, 2019, at 3:00 pm CDT, in Room D of the 22nd Floor of 69 West Washington, Chicago, IL 60602, a public hearing will be held before the representatives of the Cook County Bureau of Economic Development and the Cook County Bureau of Finance as designees of the President of the Cook County Board of Commissioners (the "Board"), regarding a plan of finance to issue not to exceed $14,000,000 aggregate principal amount of multi-family housing revenue bonds of The County of Cook, Illinois (the "County"),in one or more series (the "Bonds"). The proceeds of the Bonds will be loaned to Markham Supportive Care, L.P., an Illinois limited partnership (the "Borrower"), to be used, together with certain other funds, to (i) finance or refinance all or a portion of the costs of construction and equipping of a l00-unit supportive living facility and certain functionally-related improvements to be located at 155th Street and Turner Avenue in the City of Markham, Illinois in the County and currently known as the Plum Creek of Markham SLF Project (the  "Project"); (ii) pay capitalized interest on the Bonds; (iii) fund a debt service reserve fund; and (iv) pay certain expenses incurred in connection with the issuance of the Bonds.

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