Authorizing the assignment and assumption of a loan, made in 2005 by the City of Madison to Omega School Inc. to help Omega finance the acquisition of 835 West Badger Road, to Literacy Network, which has agreed to acquire Omega School Inc. including this property, and approving the transfer to Literacy Network of an existing Purchase of Service contract between the City and Omega School, Inc., which supports employment and career development programming. (District 14)

Committee

Community Development Division

Requested by

COMMUNITY SERVICES COMMITTEE

Introduced

November 20, 2024

On agenda

November 26, 2024

Passed

January 28, 2025

Enacted

February 3, 2025

Enactment no.

RES-25-00058

Where it was heard

COMMON COUNCIL Jan 28, 2025 Adopt Unanimously Pass COMMUNITY SERVICES COMMITTEE (ended 3/2025) Jan 22, 2025 RECOMMEND TO COUNCIL TO ADOPT COMMUNITY DEVELOPMENT BLOCK GRANT COMMITTEE Dec 5, 2024 Return to Lead with the Recommendation for Approval Pass FINANCE COMMITTEE Dec 2, 2024 Return to Lead with the Recommendation for Approval Pass COMMON COUNCIL Nov 26, 2024 Refer Pass