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FINANCIAL_SERVICESAPPROVED

Austin Housing Finance Corporation Resolution 25-1802 Multifamily Housing Revenue Bonds

Up to $25 Million Housing Bonds Sold to Amegy Bank

Aggregate principal amount of Bonds not to exceed $25,000,000City of Austin cityZIONS BANCORPORATION N.A. DBA AMEGY BANKSeptember 11, 2025

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Description

Austin Housing Finance Corporation approved the sale of up to $25 million in Multifamily Housing Revenue Bonds (Sycamores at Pleasant Valley) Series 2025 to Zions Bancorporation, N.A. dba Amegy Bank under a Bond Purchase and Funding Agreement. Proceeds will finance construction of an affordable multifamily rental development in Austin and related issuance costs.

Contract Details

Contract Amount

Aggregate principal amount of Bonds not to exceed $25,000,000

Vendor

ZIONS BANCORPORATION N.A. DBA AMEGY BANK

Agency

City of Austin city, TX

Contract Type

FINANCIAL_SERVICES

Document Date

September 11, 2025

Renewal Info

Single bond issuance with maximum principal of $25,000,000; no renewal terms described in the resolution.

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