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Summary:
The City of Orlando entered into an agreement with Life Concepts, Inc. d/b/a Quest, Inc. on March 25, 2009, to provide One Hundred Twenty Four Thousand Eight Hundred and Ninety Eight Dollars ($124,898) in Community Development Block Grant funds to the Quest South vocational training facility located at 1600 Aaron Avenue, Orlando, Florida, 32811. The City recorded the executed Mortgage and Restrictive Covenant on March 24, 2009. Quest, Inc. has fulfilled the requirements of the agreement by using the property for the past five (5) years as a vocational training facility to provide job opportunities for severely disabled adults. Staff is requesting City Council's approval to cancel the note, release and discharge Quest, Inc.'s property from the lien and operation of said mortgage and restrictive covenant. |
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Fiscal & Efficiency Data:
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Recommended Action:
Approve and authorize the Mayor and City Clerk to cancel the note, execute the Release of Mortgage, and release of Restrictive Covenant after review of the documents by the City Attorney's office. |
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Agenda Item attachment(s) on file in the City Clerks Office.
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Note:
All agenda items must
be in the City Clerk's office by Noon Friday, six(6) business days prior to the
regular Monday City Council meeting.
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Contact:
Sonia Carnaval, Housing & Community Development Manager, x 3326.
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Approved By:
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Department
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Date and Time
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| Budget Outside Routing Approval |
1/17/2017 10:25 AM |
| Grants |
1/17/2017 10:25 AM |
| City Clerk |
1/17/2017 10:25 AM |
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