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 50 Jefferson Avenue, Columbus; to authorize the Director of the Department of Development to consent to the transfer of a 99.99% interest in Jefferson Avenue to Four Chimneys, a wholly owned subsidiary of Jefferson Center, and to further authorize the Director of the Department of Development to consent to a transfer of a 0.01% interest in Jefferson Avenue to Sawmill; and to authorize the Director of the Department of Development to execute all other necessary agreements or instruments, in consultation with the City Attorney’s Office, to effect the transfer of interests and obligations from Community Housing Network to Jefferson Avenue as necessary to achieve or maintain compliance with regulations and guidance from HUD; and to declare an emergency. ($0.00)
What this record is
- Held by
- Community Housing Network 5 records across this site
- Runs until
- Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
- Type
- amendment
professional services contracts in OH that end within a year →
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work goes back out to bid, and it is usually stated years ahead.
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Community Housing Network also holds
To authorize the Director of the Department of Development to modify and extend an existing escrow agreement with Community Housing Network Inc. (CHN)… This ordinance authorizes the appropriation and expenditure in an amount up to $502,585.15 of HOME Investment Partnerships Program (HOME-ARP) funds fr… To authorize the Director of Development to enter into a grant agreement in an amount up to $50,000.00 with Community Housing Network, Inc., one of si… To authorize the Director of the Department of Development to enter into an option agreement or agreements as needed to sell and transfer by quitclaim…- Committee
- Housing, Homelessness, & Building Committee
- Requested by
- Dev Drafter
- Introduced
- October 28, 2024
- On agenda
- November 18, 2024
- Passed
- November 21, 2024
Where it was heard
Columbus City CouncilWatch what Columbus buys
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