82371
Authorizing the Mayor and City Clerk to execute a development agreement and authorizing a funding appropriation in the 2024 Capital Budget to fund a $1,700,000 Tax Incremental Finance Loan to East Washington Apts, LLC, or its assigns to construct approximately 192 units of affordable housing and approximately 139 parking stalls located at 808 Melvin Court in the 3100 block of East Washington Avenue in Tax Incremental District (TID) 52. (District 12)
What this record is
- Held by
- East Washington Apts, LLC
- Amount
- $1.70M
- Runs until
- Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
- Type
- contract
- Field
- Construction
construction 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
- Economic Development Division
- Requested by
- FINANCE COMMITTEE
- Introduced
- March 4, 2024
- On agenda
- March 19, 2024
- Passed
- March 19, 2024
- Enacted
- March 22, 2024
- Enactment no.
- RES-24-00216
Where it was heard
COMMON COUNCIL FINANCE COMMITTEE COMMON COUNCILWatch what Madison buys
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