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25-0493

Approve and authorize Chairman to execute a retroactive Second Amendment to Agreement No. 08-266 in form an Agreement for Reaffirmation from Cordova Fund L.P., to AMCAL Cordova Fund, L.P., which aligns County’s Agreement for Cordova Apartments in City of Selma to current owner, and also acknowledges proposed new Administrative General Partner and Investor Limited Partner entities with no change to Better Opportunities Builder, Inc. as Managing General Partner, effective August 4, 2009, thru May 23, 2032, and no change to existing loan of $1,832,500

Agenda Item Approved Introduced April 28, 2025

What this record is

Held by
Better Opportunities Builder, Inc 3 records across this site
Runs until
May 23, 2032 6 years away date quoted from the award document
Type
amendment

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Committee
Public Works & Planning
Requested by
Public Works & Planning
Introduced
April 28, 2025
On agenda
June 24, 2025
Passed
June 24, 2025
Enactment no.
Agreement No. 25-305

Where it was heard

Board of Supervisors Jun 24, 2025 Consent Agenda be approved Pass