Title
Action to Approve an Amendment to Tax Increment District #8 Developer Agreement.
Body
Summary:
PEM Affordable Housing, LLC, requested an amendment to the Developer’s Agreement associated with Tax Increment District #8. The proposed amendment would limit the purchase price of a home and lot to eighty (80%) percent of the South Dakota Housing Development Authority First-Time Homebuyer Program purchase price limits. Staff recommends approval.
Body2
Attachments:
Memo
Amendment #2
Amendment #1 - March 23, 2021
Developer’s Agreement
Location Map