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City of Pleasanton
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CITY CLERK
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AGENDA PACKETS
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2020
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051920
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5/14/2020 3:40:41 PM
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5/14/2020 3:40:30 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
5/19/2020
DESTRUCT DATE
15Y
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11 Project Name City of Pleasanton Axis Section 108 Loan Repayment <br /> Target Area <br /> Goals Supported Community Development Needs-Capital Improvements <br /> Needs Addressed Community Development Needs <br /> Funding CDBG: $23,184 <br /> Description Annual installment for repayment in FY 2020-2021(City of <br /> Pleasanton portion)of the $950,000 Section 108 Loan from HUD <br /> for assisting in the acquisition of the Axis Community Health <br /> Clinic, in accordance to HUD's 20-year repayment schedule. <br /> Target Date 6/30/2021 <br /> Estimate the number and The Section 108 loan repayment does not directly benefit <br /> type of families that will Pleasanton and Tri-Valley residents, but Axis Community Health <br /> benefit from the proposed offers services from five sites, including the new clinic in the Tri- <br /> activities Valley area and serves more than 14,000 members of the <br /> community. <br /> Location Description Axis Community Health Clinic is located at 5925 West Las Positas <br /> Blvd.,Suite 100, Pleasanton, CA 94588. <br /> Planned Activities The Section 108 loan repayment is in accordance with HUD's 20- <br /> Year Repayment Plan with a full term in FY 2033-2034. <br /> Consolidated Plan PLEASANTON-DRAFT 66 <br /> OMB Control No:2506-0117(exp.06/30/2018) <br />
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