Sponsor: Mayor Quinton Lucas and Councilmembers Melissa Robinson and Melissa Patterson Hazley COMMITTEE SUBSTITUTE Fully capitalizing Parade Park Homes Phase 1; authorizing the City Manager to negotiate and execute a contract with FC Parade Park LLC substantially similar to the attached Memorandum of Understanding; directing the Housing Trust Fund to provide a loan to FC Parade Park LLC for development of affordable housing; expressing the City Council’s support for an award of funds, through the normal application process, from the Central City Economic Development sales tax; reappropriating previously appropriated funds; and recognizing this ordinance as having an accelerated effective date.

What this record is

Held by

FC Parade Park LLC

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

Council

Introduced

February 26, 2025

On agenda

March 6, 2025

Passed

March 6, 2025

Where it was heard

Council Mar 6, 2025 Passed Pass Finance, Governance and Public Safety Committee Mar 4, 2025 Adv and Do Pass as Cmte Sub, Debate Council Feb 27, 2025 referred

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