0512-16
| A | | Request of the Director of City Development to write off a HOME loan made to Main Lake LLC. | Application | Request of the Director of City Development to write off a HOME loan made to Main-Lake LLC. Loan #95-54-002 in the amount of $800,000 which is deemed uncollectible. | Deferred | Pass |
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0537-16
| B | | (Direct Referral) Request of the Director of City Development to accept the offer of Ms. Amy L. Petersen to purchase 912 - 17th Street, a HOME funded property. (Res No. 0243-16) | Application | Subject: (Direct Referral) Request of the Director of City Development to accept the offer of Ms. Amy L. Petersen to purchase 912 - 17th Street, a HOME (funded) property. (Res No. 0243-16)
Recommendation of the Loan Board of Review on June 16, 2016: To approve the request of the Director of City Development to accept the offer of Ms. Amy L. Petersen to purchase 912 - 17th Street, a HOME (funded) property.
Fiscal Note: The City will recieve $56,500 minus closing costs and commissions. | Recommended For Approval | Pass |
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