EC2023-0038

That with respect to Report EC2023-0038, the following be adopted: That Council: Give first reading to Bylaw 5M2023 (Attachment 2), being the proposed bylaw to amend Bylaw 41M2014, as amended by Bylaw 17M2021, of The City of Calgary (The City) authorizing a guarantee of an operating loan facility for Attainable Homes Calgary Corporation (Attainable Homes); Give first reading to Bylaw 6M2023 (Attachment 3), being the proposed bylaw to amend Bylaw 31M2011, as amended by Bylaw 18M2021, of The City authorizing a municipal loan to Attainable Homes; Withhold second and third readings until the advertising requirements set out in the Municipal Government Act, RSA 2000, c. M-26, have been met; and Direct Administration to amend any existing agreements between The City and Attainable Homes as applicable and to reflect Attainable Homes credit facility renewal with its financial institution in form and content per the Credit Documentation Loans and Loan Guarantees Policy and Procedures.