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DRAFT FOR ATTORNEY REVIEW — NOT FINAL

San Pedro Hotel Co. v. City of Los Angeles, 159 F.3d 470 (1998)

Citation
San Pedro Hotel Co. v. City of Los Angeles, 159 F.3d 470 (1998)
Parent Document
San Pedro Hotel Co. v. City of Los Angeles, 159 F.3d 470 (1998)
Effective Date
1998-11-06

Other Sections in This Document (64)

Full Text

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The Committee recommended approval of the ACOF loan shortly after which the full City Council approved the loan. ACOF then applied for and received a tax credit award adequate to complete the acquisition and renovation of the California Hotel as housing for the mentally disabled. As a result, the sale of the California Hotel to ACOF closed six months after the City’s approval of the loan.