City of Doraville Awards $18,500,000 Loan Contract to Lotus Grove (June 2022)
City of DoravilleCity · Doraville, GA- Disclosed value
- $18,500,000.00
- From agenda
- Approved
- Jun 27, 2022
The 30-second brief
Lotus Grove, LLC secures $18.5 million loan from AHS Residential, LLC for project development, with DDA approving lease amendment to facilitate financing.
Lotus Grove holds this loan contract with City of Doraville.
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Contract details
- Contract type
- Loan
- Amount
- $18,500,000.00
- Document date
- June 27, 2022
- Term
- NA
- Vendor
- Lotus Grove
- Agency
- City of Doraville
- Source document
- doraville-development-authority-agenda-lotus-grove-serta-simmons-reports-jun-27-2022_185.pdf (Agenda)
Lotus Grove's other public contracts
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Questions about this contract
Who was awarded the loan contract by City of Doraville?
Lotus Grove was awarded this loan contract by City of Doraville, as recorded on June 27, 2022. The contract value is $18,500,000.00.
How much is the Lotus Grove contract with City of Doraville worth?
The Lotus Grove contract with City of Doraville is valued at $18,500,000.00, covering loan work.
What type of contract is this?
This is a Loan contract, documented as a agenda record.
Where was this contract approved?
This contract appears in doraville-development-authority-agenda-lotus-grove-serta-simmons-reports-jun-27-2022_185.pdf (Agenda), dated June 27, 2022 from City of Doraville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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