File #: 432-2022    Version: 1 Name:
Type: Emergency Ordinance Status: Passed
File created: 4/25/2022 In control: City Council
On agenda: 5/16/2022 Final action: 5/16/2022
Passage/adoption date: 5/16/2022
Effective date: 5/19/2022    
Title: AN EMERGENCY ORDINANCE Authorizing the Director of Community Development to enter into a Bond Sale and Assignment Agreement with Vesta Corporation, and to accept $4,000,000 from Vesta Corporation in exchange for the sale and assignment of the Bond.
Sponsors: Richard A. Starr, Anthony T. Hairston, Blaine A. Griffin, By Departmental Request
Attachments: 1. 432-2022-Bond Sale and Assignment Ag with Vesta assignment, 2. 432-2022 as amended-desk copy-Final, 3. 432-2022-Amend 432-2022, 4. 432-2020 Exec. Summary - Vesta-Cleveland LLC

Title

AN EMERGENCY ORDINANCE Authorizing the Director of Community Development to enter into a Bond Sale and Assignment Agreement with Vesta Corporation, and to accept $4,000,000 from Vesta Corporation in exchange for the sale and assignment of the Bond.