Increase loan to Carquinez Associates by $301,000 for apartment rehabilitation
Resolution 09-39
In Plain English
The city already loaned $1 million to Carquinez Associates to rehabilitate the Carquinez Apartments. The developer needs an additional $301,000 to complete the project. If approved, the total city loan reaches $1.3 million for the apartment improvements.
Auto-generated summary. Source: official agenda documents.
Votes
Motion · Official minutes
Approve consent calendar
7 aye · 0 nay
Related agenda records
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Additional Loan for Capital Cost related to the Civic Center Apartments (Homekey) Project
Additional Loan for Capital Cost related to the Civic Center Apartments (Homekey) Project
Loan agreements between City and RHA Housing Corporation
RHA Housing Corporation Loan Amendment
Loan documents with RHA Housing Corporation