City to Subordinate Loan for Coventry Place Project

The City plans to subordinate its loan and mortgage associated with Coventry Place Limited Partnership to facilitate updated financing arrangements. The resolution authorizes the Mayor to sign all necessary subordination documents.

Document date · April 26, 2022

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Renewal

Subordination of existing loan and mortgage; does not create a new loan term but alters lien priority. Future extensions or modifications would require additional approvals.

Document type

Agenda

Source document

City of Shreveport Administrative Conference and Council Meeting Agenda April 2022

Related contracts

Other contracts from Coventry Place Limited Partnership.

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City of Shreveport Council Meeting Agenda May 2022

APPROVED

City of Shreveport city, Louisiana$800,000 (original HOME loan principal)May 10, 2022

city_council_meeting_agenda_may_10_2022.pdf

PENDING

City of Shreveport, LouisianaMay 10, 2022

City of Shreveport City Council Meeting Agenda May 2022

APPROVED

City of Shreveport city, Louisiana$800,000 (original HOME program loan)May 10, 2022

city_council_meeting_agenda_may_10_2022.pdf

PENDING

City of Shreveport, LouisianaMay 10, 2022

city_council_meeting_agenda_april_26_2022.pdf

AMENDED

City of Shreveport, LouisianaApr 26, 2022

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Shreveport city?

Coventry Place Limited Partnership was awarded this financial services contract by City of Shreveport city, as recorded on April 26, 2022.

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 Shreveport Administrative Conference and Council Meeting Agenda April 2022 (Agenda), dated April 26, 2022 from City of Shreveport city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Coventry Place Limited Partnership hold?

Coventry Place Limited Partnership may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Coventry Place Limited Partnership's profile

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