File #: 24-0663    Version: 1 Name:
Type: RESOLUTION Status: PASSED
File created: 6/20/2024 In control: Community Redevelopment Agency
On agenda: 8/20/2024 Final action: 8/20/2024
Title: Resolution Ratifying a $640,000 Loan Approved by the Fort Lauderdale Community Redevelopment Agency as Local Government Area of Opportunity Funding to Mount Hermon Housing, LTD for the Mount Hermon Apartments; Authorizing the City Manager to Execute Any and All Instruments Related to the Loan; and Delegating Authority to the City Manager to Take Certain Actions - (Commission District 3)
Sponsors: City Commission Regular Meeting
Attachments: 1. Commission Agenda Memo 24-0663, 2. Exhibit 1 – CAM #20-0645, 3. Exhibit 2 – Location Map, 4. Exhibit 3 – Plans and Features, 5. Exhibit 4 – HTG CRA Funding Application, 6. Exhibit 5 – JP Morgan Chase Commitment Letter, 7. Exhibit 6 – Raymond James Letter, 8. Exhibit 7 – Project Summary and Pro-Forma, 9. Exhibit 8 – Project Schedule, 10. Exhibit 9 – August 11, 2020, NPF Advisory Board Minutes, 11. Exhibit 10 – Resolution #20-06 (CRA) – dated September 1, 2020, 12. Exhibit 11- Resolution, 13. RESO. NO. 24-147

Title

Resolution Ratifying a $640,000 Loan Approved by the Fort Lauderdale Community Redevelopment Agency as Local Government Area of Opportunity Funding to Mount Hermon Housing, LTD for the Mount Hermon Apartments; Authorizing the City Manager to Execute Any and All Instruments Related to the Loan; and Delegating Authority to the City Manager to Take Certain Actions - (Commission District 3)