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File #: MC 2019-152    Version: 1 Name:
Type: motion Status: Passed
File created: 7/16/2019 In control: City Council Meeting
On agenda: 8/7/2019 Final action: 8/7/2019
Title: Guarantor Letter: Greater Yuma Port Authority (GYPA) Refinance
Attachments: 1. 1. RFCCA Guarantor Letter: GYPA Refinance

Title

Guarantor Letter: Greater Yuma Port Authority (GYPA) Refinance

 

Summary Recommendation

Authorize the City Administrator to provide a guarantor letter confirming City of Yuma will act as Guarantor, on a pro-rata share basis, along with the City of San Luis, Yuma County and the Cocopah Tribal Nation, for the Greater Yuma Port Authority land refinance loan.  (Admin/Economic Development) (Jay Simonton)