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ID#25-0295

Approve an amended loan term of 43 years for funding to be provided by the City of Clearwater to SAH Holdings LP for the land acquisition of real property located at 801 Chestnut St. contingent upon the satisfactory outcome of, as determined by the Economic Development and Housing Director, a subsidy analysis, the receipt of a structural evaluation, approval of all funding sources, and a tenant relocation plan; and authorize the appropriate officials to execute documents required to effect closing of the loan. (consent)

Action Item Passed Introduced March 31, 2025
Committee
Economic Development & Housing
Requested by
Economic Development & Housing
Introduced
March 31, 2025
On agenda
April 17, 2025
Passed
April 17, 2025

Where it was heard

City Council Apr 17, 2025 approved Pass Council Work Session Apr 14, 2025 recommended for approval