To authorize the Director of the Department of Development to execute modified loan documents for Spruce Bough Homes LLC, to reduce the interest rate on the loan to 0%, and amending the Loan Agreement, Promissory Note and Mortgage as well as executing a partial release of the mortgage to release the 796-810 E Fulton parcel. ($0.00)

What this record is

Held by

Spruce Bough Homes LLC

Runs until

August 15, 2030 4 years away date calculated from a contract term stated in the attached agreement, not quoted directly

Type

amendment

Field

Real estate

real estate contracts in OH that end within a year →
Governments publish the end date in the award. That date is when the work goes back out to bid, and it is usually stated years ahead.

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

August 15, 2025

On agenda

September 15, 2025

Passed

September 17, 2025

Where it was heard

Columbus City Council Sep 15, 2025 Approved Pass Columbus City Council Sep 8, 2025 Read for the First Time

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