FINANCIAL_SERVICESAPPROVED
city_of_neligh_council_minutes_november_12_2024.pdf
LB840 Housing Loan Approved for PEKAJ Inc.
$125,000City of NelighPEKAJ INCNovember 12, 2024
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Description
The City Council approved a $125,000 Market Rate Housing Loan at 1% interest for 15 months to PEKAJ Inc. for renovating a 6-unit apartment complex.
Contract Details
Contract Amount
$125,000
Vendor
PEKAJ INC
Agency
City of Neligh, NE
Contract Type
FINANCIAL_SERVICES
Document Date
November 12, 2024
Contract Term
15 months at 1% interest
Renewal Date
2026-02-12
Renewal Info
15-month term; maintenance fee due at loan closing. Annual review required.
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