RESOLUTION 2021-36 - A RESOLUTION to take effect immediately provided it receives the affirmative vote of at least two thirds of the members of Council, or otherwise to take effect and be in force after the earliest period allowed by law, authorizing the Mayor and/or her designee to enter into an Agreement with Little Jemmy LLC for a Community Development Block Grant (CDBG) Economic Development Fund (EDF) Loan for a total amount not to exceed One Hundred Fifty Thousand Dollars ($150,000), forgivable over five (5) years at $30,000 per annum upon satisfaction of all terms of said Agreement, for the substantial rehabilitation of the former Bi-Rite Building located at 12501 Madison Avenue, Lakewood, Ohio 44107 and the structure's adaptive reuse as retail and office space. (Referred to HPD 7/19/21)