Albany commission approves $2 million bridge loan term sheet for downtown development
The city commission approved a $2 million bridge loan term sheet to support Look Again LLC's downtown redevelopment, after detailed questioning about payoffs, insurance and holding costs from commissioners. The decision was recorded by roll call; the mayor voted in favor.
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The Albany City Commission voted to approve a $2 million bridge loan term sheet to support Look Again LLC's planned redevelopment of four parcels on Washington Street.
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