Adopt a resolution: A) Approving an agreement with WeHope under which the County will loan WeHope the principal amount of $1,000,000 with interest to be repaid at the rate of 3.85% per annum, for a term of 15 years, and authorizing and directing the County Executive, or designee(s), to execute and deliver such agreement; and B) Approving the form of a Promissory Note evidencing WeHope’s obligation to repay the loan; and C) Approving the form of a Deed of Trust in favor of the County securing the loan to WeHope, which shall be recorded as a lien against WeHope property; and D) Approving the taking of all necessary actions by the County Executive, or designee(s), in connection with the loan transaction.

Resolution Passed Introduced June 18, 2025

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