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1012-2026

To authorize the Director of the Department of Development to execute an assignment, assumption, and modification agreement (“Assignment and Assumption Agreement”), and all other necessary agreements or instruments, which assign and modify the HOME Loan Documents for the rental development at 2680 Orono Pike, Reynoldsburg, OH; to authorize the Director of Development to enter into and execute all other necessary agreements, documents, or instruments related to this assignment with the new ownership entity Pheasant Run Homes Rehab, LLC; to authorize the forgiveness of the accrued and unpaid interest in an amount up to $838,648.00. ($0.00)

Ordinance Passed Introduced April 1, 2026

What this record is

Held by
Pheasant Run Homes Rehab, LLC
Amount
$839K
Runs until
no end date published in this record
Type
amendment

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

Committee
Housing, Homelessness, & Building Committee
Requested by
Dev Drafter
Introduced
April 1, 2026
On agenda
May 18, 2026
Passed
May 20, 2026

Where it was heard

Columbus City Council May 18, 2026 Approved Pass Columbus City Council May 11, 2026 Read for the First Time