Interest Forbearance Approved for Gatehouse Mezzanine Loan
- Document date
- Feb 9, 2021
- Term
- Ninety-day interest forbearance period
The 30-second brief
The Midlothian Council will consider a resolution authorizing a ninety-day interest forbearance on a mezzanine loan promissory note between the Midlothian Community Development Corporation and Gatehouse Midlothian Ownership, LLC. During the forbearance, interest will be capitalized into the principal balance owed.
Gatehouse Midlothian Ownership LLC holds this financial services contract with City of Midlothian.
Term as filed: Ninety-day interest forbearance period.
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Contract details
- Contract type
- Financial Services
- Document date
- February 9, 2021
- Term
- Ninety-day interest forbearance period
- Agency
- City of Midlothian
- Source document
- City of Midlothian Council Meeting Agenda February 2021 (Agenda)
Gatehouse Midlothian Ownership LLC's other public contracts
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Questions about this contract
Who was awarded the financial services contract by City of Midlothian?
Gatehouse Midlothian Ownership LLC was awarded this financial services contract by City of Midlothian, as recorded on February 9, 2021.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record.
Where was this contract approved?
This contract appears in City of Midlothian Council Meeting Agenda February 2021 (Agenda), dated February 9, 2021 from City of Midlothian. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Gatehouse Midlothian Ownership LLC hold?
Gatehouse Midlothian Ownership LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
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