File #: 980-2019    Version: 1 Name:
Type: Emergency Ordinance Status: Administrative Review
File created: 8/20/2019 In control: City Council
On agenda: 8/21/2019 Final action:
Passage/adoption date: 9/16/2019
Effective date: 9/17/2019    
Title: AN EMERGENCY ORDINANCE Authorizing the Director of Economic Development to enter into an amendment to Contract No. 61267 with Friendly Inn Settlement, Inc. to extend the term of the loan for an additional five years, with full amortization of the loan balance.
Sponsors: Anthony Brancatelli, Kevin J. Kelley, By Departmental Request
Indexes: CONTRACTS, ECONOMIC DEVELOPMENT DEPARTMENT, LOANS
Attachments: 1. 980-2019 Amend K 61267 w Friendly Inn Settlement to extend term, 2. 980-2019 Exec. Summary - Friendly Inn Settlement

Title

AN EMERGENCY ORDINANCE Authorizing the Director of Economic Development to enter into an amendment to Contract No. 61267 with Friendly Inn Settlement, Inc. to extend the term of the loan for an additional five years, with full amortization of the loan balance.