Burbank

City Council

January 14, 2025 Consent Calendar #7

Agenda Item 7

7. Adoption of a Resolution Approving an Amended and Restated Master Loan\nAgreement and Related Documents with the Burbank Housing Corporation –\nPhase I – Community Development Department (with Housing Authority)\n1. Adopt A RESOLUTION OF THE HOUSING AUTHORITY OF THE CITY\nOF BURBANK APPROVING AN AMENDED AND RESTATED MASTER\nLOAN AGREEMENT (PHASE I) AND RELATED AGREEMENTS AMONG\nTHE CITY OF BURBANK, THE HOUSING AUTHORITY OF THE CITY\nOF BURBANK, AND THE BURBANK HOUSING CORPORATION AND\nDETERMINING THE PROJECT TO BE EXEMPT UNDER THE\nCALIFORNIA ENVIRONMENTAL QUALITY ACT.\n2. Adopt A RESOLUTION OF THE COUNCIL OF THE CITY OF BURBANK\nAPPROVING AN AMENDED AND RESTATED MASTER LOAN\nAGREEMENT (PHASE I) AND RELATED AGREEMENTS AMONG THE\nCITY OF BURBANK, THE HOUSING AUTHORITY OF THE CITY OF\nBURBANK, AND THE BURBANK HOUSING CORPORATION AND\nDETERMINING THE PROJECT TO BE EXEMPT UNDER THE\nCALIFORNIA ENVIRONMENTAL QUALITY ACT.