24-2194
Authorize (1) the sale of two Land Transfer Program (LTP) lots held by the City to Cornerstone Community Development Corporation, Inc. and/or its affiliates (Developer) for the purpose of developing affordable housing subject to restrictive covenants, a right of reverter, and execution of all necessary documents, pursuant to the City’s LTP; and (2) release of lien for all non-tax City liens, notices, or orders that were filed on these two LTP lots prior to or subsequent to the deed transferring the lot to the City of Dallas; and (3) execution of a development agreement with Developer for the construction of up to two affordable residential units, approved as to form by the City Attorney - Estimated Revenue: General Fund $5,697.28 (see Fiscal Information)
What this record is
- Held by
- Cornerstone Community Development Corporation, Inc 2 records across this site
- Runs until
- no end date published in this record
- Type
- contract
- Field
- Construction
Read automatically from the title of the official record. The source document below is authoritative.
Cornerstone Community Development Corporation, Inc also holds
Subject: Family Programs From: Human Services Department Recommendation: Adopt A Resolution (1) Accepting, Appropriating, And Authorizing Agreements F…- Committee
- Department of Housing & Neighborhood Revitalization
- Requested by
- Department of Housing & Neighborhood Revitalization (HOU)
- Introduced
- July 12, 2024
- On agenda
- August 14, 2024
- Enactment no.
- 24-1044; APPROVED