Proposal to Administer the Housing Successor Agency Housing Loan Program and Business Development Loan Program. RECOMMENDATION: Adopt a Resolution authorizing the City Manager to execute a $113,000 professional service agreement with RSG to develop and implement a plan to restructure the non-performing loans, including borrower negotiations and amending loan agreements.

What this record is

Amount

$113K

Runs until

Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗

Type

contract

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Read automatically from the title of the official record. The source document below is authoritative.

Committee

City Council

Introduced

July 16, 2024

On agenda

July 23, 2024

Where it was heard

City Council Jul 23, 2024 adopt Pass

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