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Title:
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ORD Approp $22,000,000 to Prov the Initial Funding for a City Participation Loan to Laura Trio, LLC (Developer) in Connection With the Laura Street Trio Proj, to Prov the Initial Funding for the Replenishment Guaranty for Developer’s Construction Loan, in Accordance With & as Further Detailed in the Redev Agrmt Auth Hereby; Apv & Auth the CEO of the DIA, or Her Desig, & the Mayor, or Her Desig, to Execute, as Applicable: (1) a Redev Agrmt Among the City, the DIA & the Developer, to Support the Renovation & Rehabilitation by Developer of the Bldgs Known Generally as the Florida National Bank Bldg, Bisbee Bldg, & Florida Life Insurance Bldg, Located Generally at the Corner of Laura & Forsyth Streets, & the Construction of 2 New 11 Story Bldgs, Which Will Have a Min of 140 Hotel Rooms & a Min of 165 Multi-family Units (as Further Detailed in the Redev Agrmt, Collectively, the “Proj”); (2)...Req 1-Cycle Emergency Passage (Sawyer) (Introduced by CMs Carl...
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