Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Housing Finance topic
No spam. Unsubscribe anytime.
Committee authorizes estoppel letter for Delaware View Apartments; mayor abstains
Summary
The committee authorized the mayor to sign an estoppel letter for the Delaware View Apartments project (Richman Group equity investor) via Resolution 2024-225; the motion passed with Mayor Brown abstaining, otherwise unanimous.
Get email alerts on the Housing Finance topic
No spam. Unsubscribe anytime.
COAH counsel Michael Napuda presented a proposed estoppel letter for the Delaware View Apartments, identifying the Richman Group as the equity investor. The committee considered Resolution 2024-225 to authorize the mayor to sign the estoppel letter. Mr. Bomba moved the resolution, Mr. Pelura seconded, and the resolution passed with a unanimous vote except Mayor Brown who recorded an abstention.
Napuda noted the document was prepared to address matters raised by the project investor; the minutes record the formal authorization with the mayor’s abstention noted on the record. No further public testimony was recorded on this item.
