Title
Mortgage Renewals - LeBlond Place and Viewmont Gardens
Recommendation
a) That the resolutions required by BC Housing Management Commission to renew the mortgages for LeBlond Place and Viewmont Gardens through the Canada Mortgage and Housing Corporation Direct Lending Program for up to a 5-year term for Viewmont Gardens and up to a 10-year term for LeBlond Place be approved; and
b) That the Chief Administrative Officer and Chief Financial Officer be authorized to sign any documents related to the mortgage renewal.