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Mayor's Office

City loan for 369 3rd Avenue

Original title: “MYR-369 3rd Ave loan” · nonprofit contractor

$20,000
paid on this contract in FY2023
$8.7M paid so far, of $8.7M agreed · runs to August 2061
July 2, 2021August 1, 2061
running

Paid to

MEDA Small Properties LLCprime contractor$8.7M

Paid from, FY2023

The fund tells which City account paid. Enterprise funds (Airport, Muni, Water…) are mostly paid from their own fees, fares and rents; the General Fund is mostly local taxes. A special revenue fund holds money earmarked for a purpose, often grants. The fund does not say where the money first came from.

Special revenue fund · multi-year projects100%$20,000

Paid year by year, FY2022–FY2023

FY2023$20,000
FY2022$8.7M

Type and award

Contract type: Grants the City gives out

Award: Grant

Next contract in this departmentCity loan for 750 Golden Gate Avenue97th of 518 active contracts in this department by amount agreed$8.7M

Contract 1000022417 · Source: Supplier Contracts · every payment on this contract