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Item 5: PH: Use of 108 Funds for Construction Financing
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CC Agenda - 12/14/09 - City Council Meeting and Meeting of the Eugene Urban Renewal Agency
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Item 5: PH: Use of 108 Funds for Construction Financing
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6/9/2010 12:52:25 PM
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12/11/2009 10:46:55 AM
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Agenda Item Summary
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12/14/2009
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<br />COUNCIL OPTIONS <br /> <br />No action is needed at this time regarding the public hearing. If the council chooses to place the <br />resolution authorizing the use of the HUD 108/BEDI funds for Beam’s rehabilitation of the Centre Court <br />building on the consent calendar, the following draft motion is provided: <br /> <br />Move to place the resolution authorizing the use of the HUD 108/BEDI funds for Beam’s rehabilitation of <br />the Centre Court Building on the consent calendar for January 11, 2010. <br /> <br /> <br />CITY MANAGER’S RECOMMENDATION <br /> <br />No action is needed at this time regarding the public hearing, so there is no City Manager <br />recommendation. The City Manager does, however, recommend placing the resolution approving the use <br />of the HUD 108/BEDI funds for Beam’s rehabilitation of the Centre Court building on the consent <br />calendar. <br /> <br /> <br />SUGGESTED MOTION <br /> <br />No motion is required for the public hearing, but the following motion is suggested regarding the <br />resolution authorizing the use of the HUD 108/BEDI funds for Beam’s rehabilitation of the Centre Court <br />building on the consent calendar: <br /> <br />Move to place the resolution authorizing the use of the HUD 108/BEDI funds for Beam’s rehabilitation of <br />the Centre Court building on the consent calendar for January 11, 2010. <br /> <br /> <br />ATTACHMENTS <br /> <br />A. Property Location Map <br />B. Summary of Financing Sources and Uses <br />C. Proposed HUD Section 108 Individual Project #2 Application <br /> <br /> <br />FOR MORE INFORMATION <br /> <br />Staff Contact: Nan Laurence, Senior Planner <br />Telephone: 682-5340 <br /> <br />Staff E-Mail: nan.laurence@ci.eugene.or.us <br /> <br /> <br /> Z:\CMO\2009 Council Agendas\M091214\S0912145.doc <br /> <br />
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