ID#24-1216
Approve funding in the form of a deferred loan in an amount not to exceed $845,000 to be provided by the City of Clearwater to Tampa Bay Neighborhood Housing Services, LLC. for real property located at 1552 S Myrtle Ave. contingent upon staff’s satisfactory review and acceptance of applicable mortgage documentation, title commitment, and a new Land Use Restriction Agreement with a term of no less than 15 years and authorize the appropriate officials to execute documents required to affect closing of the loan.
What this record is
- Amount
- $845K
- Runs until
- October 1, 2024 already ended date quoted from the agreement attached to this item
- Type
- contract
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Read automatically from the title of the official record. The source document below is authoritative.
- Committee
- Economic Development & Housing
- Requested by
- Economic Development & Housing
- Introduced
- September 18, 2024
- On agenda
- October 3, 2024
Where it was heard
City Council Council Work SessionWatch what Clearwater buys
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