2100-2024
To authorize the appropriation and expenditure of up to $400,000.00 of 2023 HOME Investment Partnerships Program (HOME) entitlement funds from the U.S. Department of Housing and Urban Development (HUD); to authorize the Director of the Department of Development to execute a commitment letter and loan agreement with Juniper Crossing Limited Partnership for the Juniper Crossing project in an amount up to $400,000.00; to authorize the city, through the Department of Development, to act as a lender and have a commitment letter, loan agreement, promissory note, mortgage, and restrictive covenant executed by Juniper Crossing Limited Partnership for the project; and to declare an emergency. ($400,000.00).
What this record is
- Held by
- Juniper Crossing Limited
- Amount
- $400K
- Runs until
- no end date published in this record
- Type
- contract
- Field
- Public safety
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
- July 9, 2024
- On agenda
- July 29, 2024
- Passed
- July 31, 2024