File #: 16-0744    Version: 1 Name: Award Selection
Type: Resolution Status: Approved
File created: 7/29/2016 In control: Community Development Block Grant Committee - ABOLISHED 5.11.2017
On agenda: 8/3/2016 Final action: 8/3/2016
Title: Selection of developer for 733 Kane Street and award of CDBG/HOME Loan for development
Related files: 18-0510, 16-0780, 16-1101

Title

Selection of developer for 733 Kane Street and award of CDBG/HOME Loan for developmentBody

(Note:  The Committee and/or Council may convene in closed session pursuant to Wis. Stat. 19.85(1)(e) to formulate & update negotiation strategies and parameters.  Following such closed session, the Committees and/or Council may reconvene in open session.)Fiscal Note

Sale of property and CDBG/HOME funding contingent on removal of 733 Kane Street status as dedicated park land by Common Council and Board of Park Commissioners and any other approvals required. Development also contingent on succesful LIHTC tax credit award.