SUBSTITUTE - Authorizing the negotiation and execution of a Purchase and Sale Agreement between Eminent Development Corporation and/or an affiliate LLC (“Developer”) and the City of Madison for the Developer’s acquisition of the property located at 1202 S. Park Street for youth-centered housing development (the “Project”), and authorizing execution of a loan agreement for up to $2.0 million of American Rescue Plan Act funds allocated by the Common Council for the Project. (District 13)
What this record is
- Amount
- $2.00M
- Runs until
- Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
- Type
- purchase
- Field
- Health & social
health & social contracts in WI that end within a year →
Governments publish the end date in the award. That date is when the
work goes back out to bid, and it is usually stated years ahead.
Read automatically from the title of the official record. The source document below is authoritative.
- Committee
- COMMUNITY DEVELOPMENT BLOCK GRANT COMMITTEE
- Requested by
- FINANCE COMMITTEE
- Introduced
- January 2, 2024
- On agenda
- January 23, 2024
- Passed
- January 23, 2024
- Enacted
- January 23, 2024
- Enactment no.
- RES-24-00029
Where it was heard
COMMON COUNCIL FINANCE COMMITTEE COMMUNITY DEVELOPMENT BLOCK GRANT COMMITTEE COMMON COUNCILWatch what Madison buys
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