5.3.
HRA Regular Session
- Meeting Date:
- 06/14/2011
- By:
- Heidi Nelson, Administrative Services
Title:
Update on Flaherty and Collins Financing - The Residences at The COR Project
Background:
Over the past two weeks, work has continued on finalizing financing for the Flaherty and Collins - The Residences at The COR project. City representatives met with Flaherty and Collins representatives at the ICSC conference as well as a representative of the bank financing the deal. On Thursday June 9th, Flaherty and Collins was scheduled to meet with their bank. Staff will provide an update of those meetings and a status of the financing during the HRA work session.
Staff will review with the HRA the current structure of financing that is being considered for the Flaherty and Collins project.
Staff will review with the HRA the current structure of financing that is being considered for the Flaherty and Collins project.
Recommendation:
No action required.
Funding Source:
No funding required for discussion item.
Council Action:
No HRA action required.
Attachments
No file(s) attached.
Form Review
- Form Started By:
- hnelson
- Started On:
- 06/09/2011
- Final Approval Date:
- 06/09/2011