Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Oxnard approves $800,000 city loan to help settle Las Cortes dispute; housing authority adds $1.2M
Summary
The City Council approved an $800,000 loan and budget appropriation to the Oxnard Housing Authority to help fund a tentative settlement for the Las Cortes housing project; the housing authority board approved related actions committing $1.2 million and writing off related bad debt.
The Oxnard City Council voted 7-0 to authorize an $800,000 loan and related budget appropriation from the general fund to the Oxnard Housing Authority to partially fund a tentative settlement involving UHC 558 Oxnard LP and the Las Cortes housing project in the La Colonia neighborhood.
Council action directed the city manager to execute a loan agreement with the Oxnard Housing Authority and to appropriate $800,000 from the fiscal year 2024-25 general fund available balance. In the same meeting the Oxnard Housing Authority’s board of commissioners voted…
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
