93149
SUBSTITUTE Amending the 2026 EDD Capital Budget (TID 57) and authorizing the Mayor and City Clerk to execute a development agreement to fund a $2,000,000 Tax Incremental Finance Loan to Odana Apartments, LLC, or its assigns to construct approximately 227 units of affordable housing and approximately 132 parking stalls located at 5559 Odana Road & 5542 Medical Circle in a proposed creation to Tax Incremental District (TID) 57 (District 19).
What this record is
- Held by
- Odana Apartments, LLC
- Amount
- $2.00M
- Runs until
- no end date published in this record
- Type
- amendment
- Field
- Construction
Read automatically from the title of the official record. The source document below is authoritative.
- Committee
- Economic Development Division
- Requested by
- FINANCE COMMITTEE
- Introduced
- May 12, 2026
- On agenda
- June 9, 2026
- Passed
- June 9, 2026
- Enacted
- June 10, 2026
- Enactment no.
- RES-26-00340