Title
Mortgage Renewal - Colquitz Green
Recommendation
That the Hospitals and Housing Committee recommends to the Capital Region Housing Corporation Board:
a) That the resolution required by BC Housing Management Commission to renew the mortgage for Colquitz Green through the Canada Mortgage and Housing Corporation Direct Lending Program for a term not to exceed the expiry of the existing operating agreement be approved; and
b) That the Chief Administrative Officer and Chief Financial Officer be authorized to sign any documents related to the mortgage renewals.