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Legislative Title:
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Resolution approving a loan agreement in furtherance of the development of the Pacific Crest Commons Apartment Project in the total amount of $207,722, authorizing the Chair of the Board of Supervisors to sign the loan agreement and promissory note and the Health and Human Services Agency Director to sign amendments and other documents, and authorizing and directing the Auditor-Controller to release $207,722 from the Special Project Continuation Assignment in the General Fund and amend the Housing Services Administration and Other Sources & Uses budgets for fiscal year 2024/25. (4/5 Affirmative vote required)
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