Subject: Communication sponsored by Mayor Mason requesting approval to restructure two outstanding loans held by DPM Entertainment, LLC, dba Kouzena200. Recommendation of the CDBG Advisory Board on 04-08-24: To approve the term extensions for both loans as presented in closed session. Fiscal Note: No budgetary impact is associated with this request as this is a loan repayment. All payments made will be directed back into the revolving loan fund as program income.

Committee

Common Council

Introduced

March 8, 2024

On agenda

April 15, 2024

Passed

April 15, 2024