1431 Apple Street (File 26-1692A)
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Authorize the Dallas Public Facility Corporation to (1) acquire, develop, and own Apperson, a mixed-income, multifamily development that will span four parcels located at 1431 Apple Street, 1500 Caddo Street, 1526 Caddo Street, and 3910 San Jacinto Street, Dallas Texas 75204 (the “Project”); and (2) enter into a seventy-five-year lease agreement with Slate Properties, LLC and/or its affiliate(s), for the development of the Project - Estimated Revenue Foregone: General Fund $5,616,793.05 (for 60 years; see Fiscal Information) *In alignment with Dallas Housing Resource Catalog.
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Authorize the Dallas Public Facility Corporation to (1) acquire, develop, and own Apperson, a mixed-income, multifamily development that will span four parcels located at 1431 Apple Street, 1500 Caddo Street, 1526 Caddo Street, and 3910 San Jacinto Street, Dallas Texas 75204 (the “Project”); and (2) enter into a seventy-five-year lease agreement with Slate Properties, LLC and/or its affiliate(s), for the development of the Project - Estimated Revenue Foregone: General Fund $5,616,793.05 (for 60 years; see Fiscal Information) *In alignment with Dallas Housing Resource Catalog.