PURPOSE OF REQUEST: Extending Time Frame for former Fat Daddy’s Site Purchase AgreementPurchase Agreement • July 11th, 2023
Contract Type FiledJuly 11th, 2023Specifics: This First Amendment Agreement extends the closing date and contingency date for the former Fat Daddy’s site Purchase Agreement. On July 14, 2022, the Commission approved a Purchase Agreement with Devereaux Peters for the sale of the site for a Low-Income Housing Tax Credit Project. The State of Indiana delayed the awarding of the tax credits until the spring of 2023 as opposed to the original timeline of November 2022.