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FINANCIAL_SERVICESAPPROVED

City of Strongsville AgendaPacket Regular Council Meeting 2026-06-15

Bond Issuance Approved for Citadel Housing I, Inc. Project

Not to exceed $165,000,000 (bond issuance)City of StrongsvilleCITADEL HOUSING I INCJune 15, 2026

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Derivita logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Motive logo
Veritone logo
TerraCycle logo
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Description

City Council approved the issuance of up to $165 million in revenue bonds by the Public Finance Authority of Wisconsin on behalf of Citadel Housing I, Inc. for the South West Commons assisted living and memory care project at 18090 Pearl Road.

Contract Details

Contract Amount

Not to exceed $165,000,000 (bond issuance)

Vendor

CITADEL HOUSING I INC

Agency

City of Strongsville, OH

Contract Type

FINANCIAL_SERVICES

Document Date

June 15, 2026

Renewal Info

City approval for bond issuance; bond issuance and project may have future amendments or supplemental financing, but none specified here.

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