Old Coast Hotel public hearing on tonight’s agenda

Tonight the City Council will, Receive Report and Consider Adopting City Council Resolution approving a Forgivable Loan Agreement with Mendocino Coast Hospitality Center to Use Funds from Community Development Block Grant #14-CDBG-9881 to Acquire and Rehabilitate the Old Coast Hotel and Authorizing City Manager to Execute Same (Amount NTE: $1,162,791; Account No. 315-5014-0630 and 315-5014-0632)