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O-379-24

Approving a Section 108 Loan Guarantee Application for the amount not to exceed $2,000,000 from 935 Toledo, LLC, and 935 Lakshmi, LLC for systems, furniture, equipment and training costs for a new Delta Hotel by Marriott , located on the University of Toledo Medical Campus at 3100 Glendale Avenue, Toledo, Ohio; authorizing the submission of the Application to U.S. Department of Housing and Urban Development (HUD) for Eligibility Determination and final approval of a HUD Section 108 loan guarantee; and declaring an emergency.

Ordinance Approved Introduced August 1, 2024
Committee
Housing & Community Development Department
Requested by
Housing & Community Development Department
Introduced
August 1, 2024
On agenda
September 11, 2024
Passed
September 11, 2024

Where it was heard

City Council Sep 11, 2024 Emergency Pass City Council Sep 11, 2024 Referred To: Pass City Council Sep 11, 2024 relieve of Committee Pass City Council Sep 11, 2024 Passage Pass City Council Sep 4, 2024 City Council Aug 14, 2024 First Reading Pass City Council Aug 7, 2024