Request authorization for the County Executive to enter into an Economic Development Investment Program Interlocal Loan and Grant agreement between Whatcom County and the City of Bellingham to provide EDI loan and grant funding support for the Old Town Urban Village Improvement Project in the amount of $1,500,000 in grant funding and $1,500,000 in loan funding for a total agreement amount of $3,000,000

What this record is

Amount

$1.50M

Runs until

Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗

Type

contract

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

Committee

Council Finance and Administrative Services Committee

Requested by

County Executive's Office

Introduced

April 3, 2024

On agenda

April 9, 2024

Passed

April 9, 2024

Where it was heard

Council Finance and Administrative Services Committee Apr 9, 2024 RECOMMENDED FOR AUTHORIZATION BY CONSENT Pass Council Apr 9, 2024 AUTHORIZED BY CONSENT Pass

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