Development Agreement with Driftless Lofts Recommended
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Description
The Finance-Personnel Committee recommended approval of a Development Agreement under which the City will issue a $585,000 taxable note loan to the CDA, to be passed through to Driftless Lofts, LLC for a development project. The arrangement reflects a reduced borrowing need due to additional grants and loans.
Contract Details
Contract Amount
$585,000 (loan via CDA)
Vendor
DRIFTLESS LOFTS LLC
Agency
Baraboo Community Development Authority, WI
Contract Type
OTHER
Document Date
May 12, 2026
More from DRIFTLESS LOFTS LLC
Issuing Agency
Local Housing Authority
Baraboo, WI
More from Baraboo Community Development Authority
City of Baraboo Finance-Personnel Committee Agenda Packet 2026-05-26
City of Baraboo Finance-Personnel Committee Agenda Packet 2026-05-26
City of Baraboo Common Council Agenda 2026-05-26
City of Baraboo Common Council Agenda 2026-05-26
City of Baraboo Common Council Agenda 2026-05-26
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