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$41 million senior-housing EPAD financing item delayed after paperwork missing
Summary
Representatives for a proposed $41 million senior housing and assisted-living project did not have completed paperwork and the Pulaski County Fiscal Court postponed consideration to the next meeting.
Judge Martin told the court that representatives for a proposed $41 million senior housing and assisted-living project did not complete required paperwork and were not prepared to present. The project sponsor is seeking financing through the county’s EPAD program; Judge Martin said the program has been used for other projects and that the proposal "doesn't cost the county anything," but the applicant failed to obtain required signatures for the meeting.
Judge Martin said the project proponents will appear at the next fiscal-court meeting with completed documentation. No formal vote or committee action occurred on the item at this meeting.
