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2020_0518_CCPacket
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2020_0518_CCPacket
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1/7/2022 9:35:26 AM
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Roseville City Council
Document Type
Council Agenda/Packets
Meeting Date
5/18/2020
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Attachment C <br />PROJECT LOAN AGREEMENT <br />among <br />CITY OF ROSEVILLE, MINNESOTA, <br />as Governmental Lender <br />U.S. BANK NATIONAL ASSOCIATION, <br />as Fiscal Agent <br />and <br />ROSEVILLE LEASED HOUSING ASSOCIATES I, LLLP, <br />as Borrower <br />Relating to <br />TWIN LAKES FAMILY APARTMENTS <br />1717 and 1743 County Road C West, Roseville, Minnesota <br />Maximum Project Loan Principal Amount: $34,000,000 <br />Dated as of June 1, 2020 <br />All of the right, title and interest of the City of Roseville, Minnesota (except for its <br />Unassigned Rights) in and to this Project Loan Agreement are being assigned to U.S. Bank <br />National Association, as Fiscal Agent, as security for the Funding Loan made pursuant to that <br />certain Funding Loan Agreement, dated as of June 1, 2020, by and among the Governmental <br />Lender, the Initial Funding Lender named therein, and the Fiscal Agent. <br />This instrument was drafted by: <br />Taft Stettinius & Hollister LLP (CJC) <br />th <br /> Street, Suite 2200 <br />80 South 8 <br />Minneapolis, MN 55402 <br />4815-6109-7147.2 <br />12502464v3 <br /> <br />
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