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Summary:
The City of Orlando entered into an agreement with Life Concepts, Inc. d/b/a Quest, Inc. to provide One Hundred Forty-Eight Thousand One Hundred Twenty-Five Dollars (148,125.00) in Community Development Block Grant funds to rehabilitate the facility located at 1600 Aaron Avenue, Orlando, Florida, 32811. The City recorded the executed Mortgage and Restrictive Covenant on January 10, 2012. Life Concepts, Inc. d/b/a Quest, Inc. has fulfilled the requirements of the agreement by using the property to provide vocational services for the severely disabled for at least five (5) years. Staff is requesting City Council's approval to cancel the note, release and discharge Life Concepts, Inc. d/b/a Quest, Inc.'s property from the lien and operation of said mortgage and restrictive covenant. |
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Fiscal & Efficiency Data:
No Fiscal Impact
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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, sonia.carnaval@cityoforlando.net, 407-246-3326
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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 |
10/31/2018 2:34 PM |
| Grants |
11/1/2018 10:00 AM |
| City Clerk |
11/1/2018 10:14 AM |
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