Ordinance 22-29

Country View Housing, LP, or its existing or to-be-formed affiliate ("Developer") desires to rehabilitate and renovate Country View Apartments and continue its use as affordable housing within the City of Bloomington. In order to make this development financially feasible, Developer wishes to enter into an agreement to make payments in lieu of taxes ("PILOT Agreement"). This Ordinance authorizes and approves the PILOT Agreement with the Developer.