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Redevelopment agency approves amended loan terms for Honeysuckle Coffee and adaptive reuse loan for 75 11 Main Street
5905400 · October 8, 2025
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Summary
The Midvale RDA unanimously amended loan timing for Honeysuckle Coffee's $250,000 loan and approved a $250,000 adaptive reuse loan term sheet for 75 11 Main Street; both are seven-year, 0% loans with payments deferred until project completion.
The Midvale Redevelopment Agency (RDA) unanimously approved two loan-related actions Oct. 7: an amendment to Honeysuckle Coffee Co.'s business-loan term sheet to delay the loan-payment start date to July 1, 2026 if the business does not open before that date, and a term-sheet approval for…
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