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AgdaPkt 2020-04-13 Joint SA PFA
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AgdaPkt 2020-04-13 Joint SA PFA
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Last modified
10/1/2020 10:06:31 AM
Creation date
4/9/2020 4:56:17 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
4/13/2020
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Redwood <br />Cityi � �it.rva <br />AWA <br />1. New ownership entity assume City's existing loan <br />KDF Hallmark 4 Hallmark 2017 <br />Affordability period restarted - extended to 2075 <br />City subordinate existing loan to senior lender <br />Construction/permanent loan would be repaid before City loan in <br />the event of default <br />6of11 <br />
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