83989
SUBSTITUTE Authorizing the Mayor and City Clerk to execute a development agreement and authorizing a budget amendment to the 2024 EDD Capital Budget (TID 46) to fund a $344,000 Tax Incremental Finance Loan to University Park Commons II, LLC, or its assigns to construct approximately 68 units of affordable housing located at 625 Sand Pearl Lane in the former Westgate property in Tax Incremental District (TID) 46. (District 11)
- Committee
- Economic Development Division
- Requested by
- FINANCE COMMITTEE
- Introduced
- June 18, 2024
- On agenda
- July 2, 2024
- Passed
- July 2, 2024
- Enacted
- July 8, 2024
- Enactment no.
- RES-24-00428