Page 8 - Mayor Task News Today

Now the banks have agreed to come forward to create the mechanism to refinance their property to be able to pull out the additional funds for construction because of the loan to value ratio that is a problem and there is also the availability of doing a secondary loan to access these funds and a gamut of other options some of these buildings are considered historic and so we are working to access the funds to be able to stream line that process as well as our Public Financing component which wil...

Again, a lot of thanks is due to the people in our code advising committee and a lot of people who have worked on this for many, many years and for some of us on the commission as long as we have been on the commission we have been talking about it. It is overdue and i am support of it as well. I am just concerned with a couple of things maybe that some of the legislators have not discussed and if they have, maybe they could let us know about it. One was we know that a lot of the buildings the m...

Businesses and chain stores the opportunity to come in and swoop up the business that it has lost. So we are doing extensive out reach to that community sxauls it is important to note that we have put those businesses and buildings, in tier four, so we give them the longest amount to comply because we know that there are issues surrounding that so we want to make sure that they have enough time to act accordingly. Commissioner melgar. Thanks for being back here. So back to the question about the...

Are considered historic and so we are working to access the funds to be able to stream line that process as well as our Public Financing component which will be a discontinuing inaudible district and it is similar to the Green Financing in the city it allows the loans to not only be associated with the individual but with the property. If the property changes hands, the length of the loan stays with the property. Whereas it stays with the individual. The idea is that there are other options the ...

Controversial former sheriff joe arpaio, although arpaio tells cnn he has not been invited to this rally. Before the rally, the president plans to tour the border in yuma and thats where we find boris sanchez. We know that the mayor of phoenix asked President Trump to stay away from his city and there are major protests planned there tonight. What more are you hearing . Reporter hey there, pam. Yeah, as you said, we are hearing that several different progressive and antibigot groups are going to...