Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Authority approves amended LURA and transfer of Lakeview project bonds after developer sale
Summary
The Alpharetta Development Authority approved an amended and restated Land Use Restriction Agreement (LURA) for the Lakeview mixed‑use project at 4115 Lake Street and authorized documents to effect the sale and transfer of the Series 2022 taxable revenue bonds to the purchaser, citing that the project is complete and stabilized.
The Alpharetta Development Authority approved an amended and restated Land Use Restriction Agreement (LURA) and adopted a resolution authorizing the sale and transfer of interests in the Eden at Lakeview project, including the assignment of documents tied to the authority's Series 2022 taxable revenue bonds.
The action follows a 2022 lease‑back transaction the authority entered into with Lakeview Residences LLC to provide an ad valorem property tax incentive intended to stimulate construction…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
