https://sanmateocounty.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=5931264&GUID=70F72382-2230-4A43-823B-318C4A7F0554&G=1088EC25-A43A-408F-A57C-73C0A70269ABLegistar15https://sanmateocounty.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=5931264&GUID=70F72382-2230-4A43-823B-318C4A7F0554&G=1088EC25-A43A-408F-A57C-73C0A70269AB70F72382-2230-4A43-823B-318C4A7F0554-2023-07-19-01-46-57Title: Adopt a resolution authorizing and directing the Director of the Department of Housing, or designee, to: A) Negotiate and execute amendments to the existing 2003 loan agreement and related documents between the County and Nugent Square Partners, LP, to facilitate both the transfer of the Nugent Square Apartments to a new ownership entity and the recapitalization and rehabilitation of the Nugent Square Apartments; and B) Assign the existing 2003 County loan agreement and related documents to a new ownership entity, Nugent Square Partners II, LP; and C) Negotiate, amend, and execute any other documents necessary to facilitate the recapitalization of the Nugent Square Apartments.Wed, 19 Jul 2023 01:46:57 GMT