A resolution awarding a contract to the Tacoma Community Redevelopment Authority, in the amount of $3,185,000, plus applicable taxes, budgeted from the Special Revenue Fund, for the administration and management of Community Reinvestment Project loan funds under the Revolving Loan Program, for an initial contract term of 30 years, with the option to renew for additional 15-year periods - Contract No. CW2271737. [Dierdre Patterson, Business and Economic Development Analyst; Tanja Carter, Director, Community and Economic Development]

What this record is

Amount

$3.19M

Runs until

April 2, 2040 13 years away date calculated from a contract term stated in the record, not quoted directly

Type

award

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Read automatically from the title of the official record. The source document below is authoritative.

Committee

City Council

Requested by

Purchasing

Introduced

April 2, 2025

On agenda

April 15, 2025

Passed

April 15, 2025

Where it was heard

City Council Apr 15, 2025 adopted Pass

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