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” by a vote of 8–0.

Unanimous Adopted 8-0-0-1

Motion to approve, as amended

Moved by Charles Thomas · seconded by Lynne Fugate

Topics: Budget & taxes

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The vote as recorded

Aye · 8

Charles Thomas District 5 Lynne Fugate At-Large Seat A Amelia Parker At-Large Seat C Tommy Smith District 1 Andrew Roberto District 2 Seema Singh District 3 Gwen McKenzie District 6 Janet Testerman At-Large Seat B

Absent · 1

Lauren Rider District 4

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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