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File #: 15-0813    Version: 1
Type: Resolution Status: Adopted
File created: 10/29/2015 In control: Consent
On agenda: 10/29/2015 Final action: 11/9/2015
Title: Amends an existing loan agreement with Chestnut & 18th, LP in the amount of $950,000 to change the collateral of the loan and loan terms to accommodate new project financing for the 18th & Chestnut mixed-income housing development that will provide a total of 75 affordable units (OEDEV-201313696). (SAFETY & WELL-BEING) Amends an existing loan agreement with Chestnut & 18th, LP in the amount of $950,000 to change the collateral of the loan and loan terms to accommodate new project financing for the 18th & Chestnut mixed-income housing development that will provide a total of 75 affordable units (OEDEV-201313696). The last regularly scheduled Council meeting within the 30-day review period is on . The Committee approved filing this resolution by consent on 10-29-15.
Attachments: 1. Bill Request, 2. RR15 0813 OED Chestnut & 18th_IHO Amend_201313696-01, 3. RR15 0813 OED Resolution Request - 18th & Chestnut 950K 101915, 4. CR15-0813_Resolution_Chestnut 18th Amendment to Revise Original Repayment Terms Pledged Collateral, 5. CR15-0813_Resolution_18th Chestnut 201313696-01