Title
Samoa Pacific Group Brownfield Revolving Loan - Amendment Request No. 2
Recommendation
That the Board of Supervisors adopt Resolution No._____ (Attachment 1), a Resolution of the Board of Supervisors of the County of Humboldt authorizing the County Administrative Officer to sign, the Third Amendment to the County of Humboldt Brownfields Cleanup Revolving Loan Fund Loan Agreement with Samoa Pacific Group to remediate lead in an around 99 homes and associated structures in the Town of Samoa, with the following revisions: a. Amend Section 8 to specify that the lender agrees to loan up to a total of $2,320,000 based on the availability of Brownfield Revolving Loan funds; and b. Amend Section 9 to specify the term of the loan shall end on March 31, 2024.