City of Kansas City, Missouri v. Housing & Economic Development Financial Corporation et al

Filing 2036

ORDER granting 2002 motion to Liquidate Certain Single Family Loans. Signed on 4/15/10 by District Judge Gary A. Fenner. (Mitchell, Lisa)

Download PDF
IN THE UNITED STATES DISTRICT COURT FOR THE WESTERN DISTRICT OF MISSOURI WESTERN DIVISION THE CITY OF KANSAS CITY, MISSOURI, Plaintiff, vs. HOUSING & ECONOMIC DEVELOPMENT FINANCIAL CORPORATION, and U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT, Defendants. ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) Case No. 05-00368-CV-W-GAF ORDER APPROVING THE CITY'S MOTION TO LIQUIDATE CERTAIN SINGLE-FAMILY LOANS Now before the Court is the City of Kansas City, Missouri's (the "City"), Motion to Liquidate Certain Single-Family Loans (Doc. #2002) and the Receiver's Response (Doc. #2008). For good cause shown, it is ORDERED that the City's Motion to Liquidate Certain Single-Family Loans is GRANTED provided that the City first receives permission from HUD to substitute collateral for the Pledged Loans currently serving as collateral for the City's Section 108 loan, so the Pledged Loans can also participate in the City's "first offering" program. IT IS FURTHER ORDERED that single family loans that are currently the subject of bankruptcy proceedings are not to be included in the City's "first offering" program. s/ Gary A. Fenner Gary A. Fenner, Judge United States District Court DATED: April 15, 2010 1

Disclaimer: Justia Dockets & Filings provides public litigation records from the federal appellate and district courts. These filings and docket sheets should not be considered findings of fact or liability, nor do they necessarily reflect the view of Justia.

Why Is My Information Online?