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 seven-year, fully amortized loan (including personal guarantees of Alan Dolch, Jerund E. Dolch, Michael J. Aroney, Kelly R. Aroney and Albert Jimenez), in amount of $200,000 at 5.75 percent interest.
Body
[Enter Body Here]
Respectfully Submited,
[Respectfully Submited,]