Lake County Illinois - File #: 10-1079

• File #: 10-1079
• Version: 1
• Name: A Safe Place Project Change
• Type: commission action item
• Status: Passed
• In control: Housing and Community Development Commission
• Final action: 10/27/2010
• Title: Change in Project - A Safe Place

Date	Ver.	Action By	Action	Result
10/27/2010	1	Housing and Community Development Commission	approved	Pass

Title

Change in Project - A Safe Place

Staff Summary

•                     A Safe Place has requested to amend some details of its 2009 project.

•                     The initial terms of the agreement were under conditions that have since changed.

•                     The request is to amend the Loan Terms to 0% Interest Loan with $0 annual payments for 20 years, and to receive approvals for document execution in time for October 29 closing.

•                     The attached information explains the changes, and staff and representatives from A Safe Place will be present to answer questions.