Increase housing development loan by $91,000 and extend repayment deadline
$91,000 increase, $940,000 total
Resolution 31-08
In Plain English
The city previously loaned money to help develop MiraFlores Housing Development. The developer now needs an additional $91,000 and more time to repay the loan. If approved, the total city loan reaches $940,000 with a new repayment schedule.
Auto-generated summary. Source: official agenda documents.
Votes
Approve consent calendar
8 to 0
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