Subject: Communication sponsored by Mayor Mason, requesting the attached resolution in support of the Board of Commissioners of Public Lands loan for the purpose of financing development for the Belle City Square Project-Residential Phase IV. Staff Recommendation: That the resolution be approved. Fiscal Note: The loan not to exceed $7,500,000. Loan will be a 15 year term with a 6% interest rate.

Committee

Finance and Personnel Committee

Introduced

April 19, 2024

Passed

June 6, 2025