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Redevelopment commission approves Living Green Farms bond disbursements totaling about $2.1 million
Summary
The Delaware County Redevelopment Commission approved two disbursement requests tied to the Living Green Farms project — $809,000 (2024 request) and about $1,292,270.81 — which will initiate a bond draw and resume payment obligations to the bondholder, Mister Estep.
The Delaware County Redevelopment Commission voted April 9 to approve two bond-related disbursement requests for the Living Green Farms project, one for $809,000 and a second for roughly $1,292,270.81, which staff said would initiate a draw on the project's bond and restore the payment obligation to the bondholder, identified in the record as Mister Estep.
Staff member Mister Adams told the commission that approving the requests would start the trustee payment process: "Mister Estep would pay the trustee, and the trustee would pay…
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