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.

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

Watch Toledo

Say what matters to you — a street, a company, a subject — and we will email you when Toledo files something about it.

Watch this

Free for 14 days, no card — and nothing charges itself: at day 14 the emails simply stop unless you choose to subscribe ($19 a month). One email when something matches, and nothing else. Unsubscribe from any of them. Searching stays free — it is public record.