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Mayor's Office

Mayor's Office loan for one property

Original title: “MYR 160 Eddy St”

$631,804
paid on this contract in FY2025
$4.0M paid so far, of $4.0M agreed · runs to May 2080
April 15, 2025May 23, 2080
running

Paid to

William Penn Hotel LPprime contractor$4.0M

Paid from, FY2025

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%$631,804

Paid year by year, FY2025–FY2026

FY2026$2.5M
FY2025$631,804

Type and award

Contract type: Grants the City gives out

Award: Grant

Next contract in this departmentCity loan for 2153-2157 Grove Street164th of 518 active contracts in this department by amount agreed$3.9M

Contract 1000035987 · Source: Supplier Contracts · every payment on this contract