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File #: 0508-21    Version: A Name:
Type: Communication Status: Passed
File created: 6/24/2021 In control: Finance and Personnel Committee
On agenda: Final action: 7/20/2021
Title: 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 (Horlick Malted Milk Site). Recommendation of the Finance and Personnel Committee on 07-12-2021: That the resolution be approved Fiscal Note: The loan not to exceed $4,000,000. Loan will be a 10 year term with a 3% interest rate.
Attachments: 1. 2132_001, 2. #0508-21 Resolution

Title

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 (Horlick Malted Milk Site).

 

Recommendation of the Finance and Personnel Committee on 07-12-2021: That the resolution be approved

 

Fiscal Note: The loan not to exceed $4,000,000.  Loan will be a 10 year term with a 3% interest rate.