File #: 17-1960    Version: 1
Status: Agenda Ready
File created: 6/5/2017 In control: City Council
On agenda: 6/27/2017
Title: Terminate Operating Agreement with Path of Life Ministries for Access/Homeless Shelter - Reaffirm outstanding debt of $585,150 through Amended and Restated Deed of Trust, Assignment of Rents, Security Agreement, and Fixture Filing and Amended and Restated Promissory Note Secured by Deed of Trust with Path of Life Ministries to be forgiven June 30, 2023 - Declaration of Covenants, Conditions and Restrictions with Path of Life Ministries to continue use of property as homeless shelter, comply with conditional use permit, dedicate 15 emergency shelter beds for City Homeless Outreach Team use, maintain property, and conduct audit every two years to ensure compliance - 2840 Hulen Place (Community and Economic Development) (Ward 1)
Attachments: 1. Report, 2. Terminating Agreement, 3. Promissory Note, 4. Deed of Trust, 5. Declaration of Covenants, Conditions and Restrictions, 6. Presentation