Nature of Contract
The Grant dated January 1, 2008 in the amount of $2,000,000 was used for immediate maintenance repairs to make vacant senior and family units ready for rental. The remaining $433,000 will be used for the elevator work at Ping Yuen development located at 711 Pacific Avenue this extension of time should be adequate to complete this work.
Date Contract Approved
April 10, 2013
Amount
This is an amendment to extend the expiration date of the Grant.