Amendment to Forgivable Loan for Zayn Properties
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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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