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01-28-2026 Council Packet
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01-28-2026 Council Packet
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2 <br /> <br />City to act as the legal sponsor, commits a capped local match of up to $200,000 using Local <br />Affordable Housing Aid funds, and clarifies that any remaining required local match will be provided <br />by the developer or an affiliated entity and will not constitute an obligation of the City. <br /> <br />Future Action on 99 County Road B <br />City staff are working with the City Attorney to prepare a forgivable loan agreement using Local <br />Affordable Housing Aid (LAHA) funds, consistent with prior Council direction. The agreement will be <br />brought forward for Council and developer review and consideration at a future meeting. <br /> <br />Recommendation: <br />Staff recommends that the City Council adopt both resolutions. <br /> <br />Attachments: <br />• Resolution No. – 2026-1-10 <br />• Resolution No. – 2026-1-11
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