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5.4.
HRA Work Session
Meeting Date:
06/07/2011
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. Late last week, Flaherty and Collins had additional meetings with their bank.  Staff will provide an update of those meetings and a status of the financing during the HRA work session. 

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:
06/02/2011 11:37 AM
Final Approval Date:
06/02/2011