File #: 08-00384    Version: 1
Type: Agenda Item Status: Passed
File created: 4/25/2008 In control: BOARD OF SUPERVISORS
On agenda: 5/6/2008 Final action: 5/6/2008
Title: Consider recommendations regarding the Good Samaritan Shelter, Inc., Casa De Familia Project, Predevelopment Loan Agreement, Fifth District, as follows: (4/5 Vote Required) a) Authorize the Chair to enter into a Predevelopment Loan Agreement, in the amount of $50,000 with Good Samaritan Shelters, Inc., to provide for predevelopment costs associated with its proposed Casa De Familia project, located at 412 West Morrison Avenue in the City of Santa Maria; and b) Approve a Budget Revision 2007255, that will increase by $50,000 HOME program funding in Fund 0066 for this project.
Sponsors: HOUSING AND COMMUNITY DEVELOPMENT
Attachments: 1. Board Letter, 2. Loan Agreement, 3. Budget Revision Request
Title
Consider recommendations regarding the Good Samaritan Shelter, Inc., Casa De Familia Project, Predevelopment Loan Agreement, Fifth District, as follows: (4/5 Vote Required)
 
a) Authorize the Chair to enter into a Predevelopment Loan Agreement, in the amount of $50,000 with Good Samaritan Shelters, Inc., to provide for predevelopment costs associated with its proposed Casa De Familia project, located at 412 West Morrison Avenue in the City of Santa Maria; and
 
b) Approve a Budget Revision 2007255, that will increase by $50,000 HOME program funding in Fund 0066 for this project.
Body
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