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Agda Pkt 2025.01.27 Joint SA PFA
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Agda Pkt 2025.01.27 Joint SA PFA
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Last modified
1/28/2025 3:34:28 PM
Creation date
1/28/2025 3:32:10 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council
Date
1/27/2025
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6. CONSENT CALENDAR <br /> 6.B. Loan forgiveness for Service League of San Mateo <br /> County’s rehabilitation loan for Hope House located <br /> at 3789 Hoover Street <br /> Recommendation: <br />By motion, approve loan forgiveness of the Service League <br />of San Mateo County’s $25,000 loan plus accrued interest of <br />$22,500 totaling $47,500 and authorize the City Manager to <br />execute Substitution of Trustee and Full Reconveyance to <br />substitute the City as the Trustee and reconvey Service <br />League of San Mateo County’s property located at 3789 <br />Hoover Street commonly referred to as Hope House.
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