“Today's request is adoption of resolution 2024-03 what this is seeking is a deferred loan of $850,000... it would be 0% interest this could change depending their seeking tax tax credits as well and sometimes tax um the way those form that uh small interest may be more beneficial.”

“within the apartment units we have some original kitchen cabinets flooring...but we're anticipating a full refresh of Apartments um to upgrade materials um that are being used in apartments and to provide residents you know upgraded living environments.”

“I think that um over the years that common Bond's been in we've had such a good relationship with you and uh understand the stresses that you're under I think is that um as you try to provide housing for people that is high quality really decent quality housing uh and you are getting rents in return that don't cover the cost of operating and and also the cost of maintaining that property uh it is extraordinarily difficult for organizations like years to to to function.”

“the request this morning is to simply just simplify the whole certification process and just remove that Park parcel from the Tiff boundaries.”

“If we remove those two buildings are we at risk of invalidating the Tiff District Grand hood or Mr linger one of the two.”

“greater than 50% of the buildings that are included within the Tiff District need to qualify a substandard so when we remove this parcel we will still have one of one building that was originally substandard so that's 100%.”

“this resolution is a followup from a recent city council meeting where the Council authorized the issuance of bond of bonded debt...the resolution this morning is simply the uh uh the agreement of the HRA that when tax increment funds are available from the Eden Wilson district will repay the debt.”