MISC 24-11
The City Council shall discuss and possibly take action on approving a loan to Benjamin Bitter in an amount not to exceed $650,000, which shall be paid back over a 30 year with fixed annual interest calculated based on the City's current investment rate of return +0.5% and authorizing the Mayor to execute the final loan document and deed of trust as approved by the City Attorney's office. Discussion and action.
- Committee
- City Council Regular Meeting
- Requested by
- City Manager
- Introduced
- April 3, 2024
- On agenda
- April 16, 2024
- Passed
- April 16, 2024
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