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EGty1� ,.,�� Request for Action <br /> River <br /> To Item Number <br /> Housing and Redevelopment Authority 4.3 <br /> Agenda Section Meeting Date Prepared by <br /> Consent March 6, 2017 Amanda Othoudt,EDD <br /> Item Description Reviewed by <br /> Satisfaction Agreement Cal Portner, City Administrator <br /> Reviewed by <br /> Action Requested <br /> Approve,by motion, the Satisfaction Agreement for Jon W. and Ann K.Jungers. <br /> Background/Discussion <br /> On April 21, 2015,Jon W and Ann K.Jungers received a loan from the HRA in the amount of <br /> $24,881.69 to make improvements to the property located at 928 Main Street through the HRA's <br /> Rehabilitation Loan program. <br /> On July, 28, 2016,The Mortgage and Repayment Agreement dated April 21, 2015,recorded February 12, <br /> 2016 as Document No. 816352, executed by Jon W.Jungers and Ann K.Jungers, a married couple, to the <br /> Housing and Redevelopment Authority in the original principal amount of$24,881.69 has been fully paid <br /> and satisfied. <br /> Financial Impact <br /> None <br /> Attachments <br /> ■ Mortgage and Repayment Agreement <br /> ■ Satisfaction Agreement <br /> ■ Letter to Larson Abstract Company <br /> POWERED 6T <br /> AR <br />