File #: 24-0629    Version: 1 Name:
Type: MOTION Status: Agenda Ready
File created: 6/11/2024 In control: Community Redevelopment Agency
On agenda: 8/20/2024 Final action: 8/20/2024
Title: Motion Approving a Subordination of the CRA Mortgage from Junny Investment Group, LLC, to a New Mortgage in favor of INB, National Association; Authorizing the Executive Director to Execute Any and All Related Instruments and Delegating Authority to the Executive Director to Take Certain Actions - (Commission District 3)
Sponsors: COMMUNITY REDEVELOPMENT AGENCY BOARD
Attachments: 1. CRA Board Memo 24-0629, 2. Exhibit 1 – Location Map, 3. Exhibit 2 – Letter of Interest – Subordination Request, 4. Exhibit 3 – CAM #20-0654, 5. Exhibit 4 – Photos, 6. Exhibit 5- Subordination Agreement, 7. CAM 24 0629 Subordination agreement- Junny investment

Title

Motion Approving a Subordination of the CRA Mortgage from Junny Investment Group, LLC, to a New Mortgage in favor of INB, National Association; Authorizing the Executive Director to Execute Any and All Related Instruments and Delegating Authority to the Executive Director to Take Certain Actions - (Commission District 3)