Department: Community Development
Subject: Type of Action: Approval/Action
title
Resolution authorizing the Mayor to enter into a predevelopment loan agreement by and between the City of Huntsville and Mill Creek Phase 2, LP, a limited partnership formed in the State of Alabama.
Resolution No.
body
Finance Information:
Account Number: TBD
City Cost Amount: $1,987,740
Total Cost: $1,987,740
Special Circumstances:
Grant Funded: N/A
Grant Title - CFDA or granting Agency: N/A
Resolution #: 24-947
Location: (list below)
Address: N/A
District: District 1 ☐ District 2 ☐ District 3 ☐ District 4 ☐ District 5 ☐
Additional Comments:
This is a Loan Agreement for the financing and development of phase 2 for the Mill Creek project.