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Neighborhood, Community & Business Revitalization Committee

Tuesday, January 12, 2010 · 12:00 AM

TL;DR

The committee approved changes to a city loan for a taxi building development project at 3457 Ringsby Court. These approvals allow the city to modify repayment terms with the federal government and update the development agreement with the project owners.

Key Decisions

  • HUD Loan Repayment Schedule Amendment Approved for filing
  • Taxi Building III Development Agreement Modification Approved for filing

Agenda

  1. 2010-0059 A bill for an ordinance approving a proposed Amended Commitment Schedule of the Promissory Note granted by the City and County of Denver for the benefit of the U.S. Department of Housing and Urban Development (“HUD”) concerning the “Section 108 Taxi Building III, LLC” loan and repayment thereof.
    Bill
    Action: approved for filing
  2. 2010-0060 A bill for an ordinance approving a proposed First Amendment and Modification Agreement by and between the City and County of Denver, Taxi Building III, LLC, and Morton Zeppelin related to the commercial development at 3457 Ringsby Court to modify the terms & conditions.
    Bill
    Action: approved for filing