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10b
City of Pleasanton
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CITY CLERK
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AGENDA PACKETS
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2022
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050322
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10b
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4/28/2022 8:23:28 AM
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4/28/2022 8:23:13 AM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
5/3/2022
EXPIRATION DATE
5/3/2022
DESTRUCT DATE
PERMANENT
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3 Project Name City of Pleasanton Axis Section 108 Loan Repayment <br /> Target Area Citywide <br /> Goals Supported Community Development Needs-Capital Improvements <br /> Needs Addressed Community Development Needs <br /> Funding CDBG:$24,749 <br /> Description Annual installment for repayment in FY 2022/23 (City of Pleasanton portion)of the$950,000 <br /> Section 108 Loan from HUD for assisting in the acquisition of the Axis Community Health Clinic, in <br /> accordance to HUD's 20-year repayment schedule. <br /> Target Date 6/30/2023 <br /> Estimate the number and type of The Section 108 loan repayment does not directly benefit Pleasanton and Tri-Valley residents, but <br /> families that will benefit from the Axis Community Health offers services from five sites, including the new clinic in the Tri-Valley <br /> proposed activities area and serves more than 14,000 members of the community. <br /> Location Description Axis Community Health Clinic is located at 5925 West Las Positas Blvd., Suite 100, Pleasanton, CA <br /> 94588. <br /> Planned Activities The Section 108 loan repayment is in accordance with HUD's 20-Year Repayment Plan with a full <br /> term in FY 2033/2034. <br /> Annual Action Plan 27 <br /> 2021 <br /> OMB Control No:2506-0117(exp.09/30/2021) <br />
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