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City Council · November 1, 2022

R-335-2022

Award $2.065M from Affordable Rental Development Fund to Central Terrace Developer, LLC

A Resolution authorizing the Mayor to execute any and all documents necessary to award an amount not to exceed $2,065,000.00 from the Affordable Rental Development Fund to Central Terrace Developer, LLC, for the development of 69 affordable rental housing units to be located at 4502 Fennel Road.(Requested by Housing and Neighborhood Development Department)

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On November 1, 2022, the City of Knoxville, TN City Council adopted “Award $2.065M from Affordable Rental Development Fund to Central Terrace Developer, LLC”.

Adopted no recorded vote

Motion to amend the Resolution, the Program Agreement, and the Restrictive Covenant to substitute the words "Central Terrace, LP" in place of the words "Central Terrace Developer, LLC" wherever those words appear in those documents

Moved by Charles Thomas · seconded by Amelia Parker

Topics: Budget & taxes

The figure in this motion

  • $2,065,000

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Public forum

The clerk’s minutes note 1 speaker at the public forum for this meeting.

A sign-up count from the minutes — not a measure of overall public opinion.

Minutes of the 1 November 2022 meeting

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