Authority reports initial bonding resolution for downtown '400' high‑rise rehabilitation
Authority staff gave an informational update that an initial resolution to support a bonding project for rehabilitation of the downtown '400' high‑rise was approved; staff cited new management and plans for a full remodel but the meeting transcript did not specify the bond amount or detailed financing terms.
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Authority staff provided an informational update that an initial resolution was approved to support bonding for the rehabilitation and rehabilitation of a downtown high‑rise referred to in the meeting as “400.” Staff said a new management team will implement a full remodel and that the authority views the project as a positive update for downtown.
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