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Title:
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A bill for an ordinance approving a proposed Amendment and Modification Agreement between the City and County of Denver and Habitat For Humanity Of Metro Denver, Inc., to modify the terms and conditions of the Loan Agreement.
(BUSINESS, WORKFORCE & SUSTAINABILITY) Amends an existing loan agreement (GE1A008) between the City and County of Denver and Habitat for Humanity of Metro Denver, Inc. to allow for the release of the Promissory Note to the Borrower upon the sale of the final home to an income-qualified household. The last regularly scheduled Council meeting within the 30-day review period is on 3-5-12. The Committee approved filing this bill by consent on 11-10-11.
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