Developer seeks Badger Road conveyance to extend Main Street Lofts HUD financing
Jun 18, 2024
Jun 18, 2024
A developer told council he plans a Main Street Lofts expansion and needs Badger Road to be made contiguous with his property to extend an existing HUD loan without reapplying; staff outlined potential abandonment/conveyance options and emphasized access and maintenance covenants would be required.
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City staff and the developer discussed a possible expansion of the Main Street Lofts and a request to privatize or convey a portion of Badger Road to make the property contiguous for extension of an existing HUD loan.
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