March 11, 2025Asheville City Council
From the minutes, not yet reviewedWhat it does
Resolution confirming approval of a multifamily housing facility to be known as Laurel Wood Apartments in the City of Asheville, N.C., and the financing…
- Passed with the routine items, in one vote, without discussion.
- The money, in the minutes' words: “On March 12, 2024 the City Council adopted Resolution No, 24-66 approving the Housing Authority issuance of not to exceed $12,775,000 of tax-exempt bonds for the Laurel Wood Apartments development.”
More from the minutes
- “Adoption of a resolution affirming the approval of the issuance bonds by the Housing Authority of the City of Asheville for Laurel Wood Apartments.”
- “51 units of affordable senior housing will be preserved and renovated and 54 additional affordable senior housing units will be constructed.”
Carried unanimously, as part of the consent agenda
From the minutes: This motion was seconded by Councilwoman Ullman and carried unanimously.
Read the motion as recorded
“RESOLUTION NO. 25-58 - RESOLUTION CONFIRMING APPROVAL OF A MULTIFAMILY HOUSING FACILITY TO BE KNOWN AS LAUREL WOOD APARTMENTS IN THE CITY OF ASHEVILLE, N.C., AND THE FINANCING THEREOF WITH MULTIFAMILY HOUSING REVENUE BONDS IN AN AMOUNT NOT TO EXCEED $12,775,000”
Open the minutesConsent agenda, item Q