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Council directs city attorney to pursue options after Bell House fails to repay HUD‑funded loan
Summary
Council members discussed a long‑outstanding $550,000 HUD loan to Bell House (city provided $500,000 to reduce mortgage plus $50,000 for rehab), documented code violations and missing rent‑roll reports; they directed the city attorney, housing director and manager to pursue legal options and possible collection actions.
City leaders directed the city attorney's office and housing staff to pursue legal and collection options after reviewing a long‑running compliance issue with Bell House, a property that received a $550,000 loan from HUD funds administered through the city.
Councilman Kevin Burns provided a detailed history: the city issued a $550,000 loan when Bottled/related organization purchased Bell House (about $500,000 to reduce mortgage principal and $50,000 for rehabilitation) with a 15‑year term and a maturity/balloon payment due in 2021. Burns…
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