City of Mason City AgendaPacket Regular Meeting of the City Council 2026-05-19
Amendment to forgivable loan for Zayn Properties
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Description
Mason City Council will act on Amendment No. 1 to a forgivable loan agreement with Zayn Properties, LLC for rehabilitation of 1323 North Federal Avenue under the Corridor Revitalization Loan program. The amendment adjusts terms of the existing financial assistance package.
Contract Details
Vendor
ZAYN PROPERTIES LLC
Agency
City of Mason, IA
Contract Type
FINANCIAL_SERVICES
Document Date
May 19, 2026
Renewal Info
Amendment No. 1 modifies terms of the existing forgivable loan; specific changes and revised maturity date are not provided in the agenda.
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