Council approves restructuring of housing rehabilitation loan for 1137 Wrights Mill Road
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Summary
The Auburn City Council approved a restructuring of a housing rehabilitation loan for the property at 1137 Wrights Mill Road; the mayors minutes said details are available in the council packet.
The Auburn City Council approved a restructuring of a housing rehabilitation loan for a property located at 1137 Wrights Mill Road during the July 22 meeting, the mayors minutes said.
The minutes stated that all information regarding the restructuring is included in the council documents; they did not summarize the loan terms, original loan amount, borrower, or whether the restructuring included forgiveness, an extended repayment schedule, or liens.
The minutes did not include the motion maker, second, or a recorded vote tally for the approval; readers were directed to the council packet for full loan documentation.