Title
Mortgage Renewals - Cloverhurst, Springtide, Amberlea and Arbutus View
Recommendation
a) That the resolutions required by BC Housing Management Commission to renew the mortgages for Cloverhurst, Springtide, Amberlea and Arbutus View 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 renewal.