Title
Michigan Square Redevelopment Project Budget Amendment
Recommendation
The Hospitals and Housing Committee recommends to the Capital Region Housing Corporation Board:
1) That the resolutions, attached as Appendix A and Appendix B and required by BC Housing Management Commission to authorize the execution of the Loan and Mortgage documents for the Michigan Square Redevelopment project (PID 001-225-197) be approved; and
2) That the Chief Administrative Officer be authorized to do all things necessary to effect the project and take such steps as are required to conclude the construction, financing and operation of the Michigan Square Redevelopment project.