Title
Commercial and Industrial Rehabilitation Revolving Loan Fund loan to MC2 Custom Alloys, Inc. (District 9)
Discussion
[Description/Discussion]
Timing Considerations
[Timing Considerations]
Fiscal Impact
[Fiscal Impact]
SUGGESTED ACTION
Authorize City Manager to execute a seven-year, fully amortized Revolving Loan Fund loan to MC2 Custom Alloys, Inc. (including personal guarantees of Alan Dolch, Jerund E. Dolch, Michael J. Aroney, Kelly R. Aroney and Albert Jimenez), in the amount of $200,000 at 5.75 percent interest.
Body
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Respectfully Submited,
[Respectfully Submited,]