Coachella

City Council

May 24, 2023 Item #22

Agenda Item 22

22. Authorizing the City Manager to (1) enter into an Affordable Housing Loan Agreement with Tripoli CIC,\nLP, for the 108-Unit Mixed-Use Development Project Located at the Northeast Corner of Cesar Chavez\nStreet and Bagdad Avenue (APN # 778-081-003 and 778-081-001) in a Not-to-Exceed Amount of\n$13,569,000; and (2) enter into an Agreement to Prepay Special Tax Obligations for CFD 2005-1