Southfair Community Development Corporation Chapter 380 loan amendment approved
Amends the Malcolm's Point Retail Project loan to extend amortization from 25 to 30 years, subordinate the City lien to Texas Mezzanine Fund, and raise the minimum investment requirement to $1,700,000. (Placed on the consent agenda.)
$1.7M · Vendor: Southfair Community Development Corporation
Speak up: Individuals who wish to speak under the City Council Rules of Procedure must sign up with the City Secretary's Office. No sign-up deadline is stated. Public hearings will not be heard before 1:00 p.m. The meeting is available by videoconference and on Spectrum Channel 16 and bit.ly/cityofdallastv.