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FINANCIAL_SERVICESAMENDED

Mason City City Council Agenda 2026-05-19

Amendment to Forgivable Loan for Zayn Properties

City of MasonZAYN PROPERTIES LLCMay 19, 2026

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Description

Mason City Council is asked to approve Amendment No. 1 to the forgivable loan agreement with Zayn Properties, LLC for rehabilitation of 1323 North Federal Avenue. The change will modify terms under the city’s Corridor Revitalization Loan program.

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 to an existing forgivable loan agreement; specific maturity and renewal terms are not included in the agenda.

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