Legislation Details

File #: 24-1416    Version: 1 Name:
Type: Motion Status: Future Agenda
File created: 8/20/2024 In control: Reinvestment Zone No. 3 - Downtown
On agenda: 9/17/2024 Final action:
Title: Motion to approve a Downtown Development Agreement with C&P Monarch LP for improvements to the property located at 1102 S. Shoreline Boulevard (Hotel Indigo) for a total incentive amount not to exceed $5,000,000, effective upon signature by the City Manager or designee.
Sponsors: Downtown Management District
Attachments: 1. TIRZ #3 Agenda Memo - Hotel Indigo, 2. TIRZ #3 Presentation - Hotel Indigo, 3. TIRZ #3 Contract - Hotel Indigo - C&P Monarch LP
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Motion to approve a Downtown Development Agreement with C&P Monarch LP for improvements to the property located at 1102 S. Shoreline Boulevard (Hotel Indigo) for a total incentive amount not to exceed $5,000,000, effective upon signature by the City Manager or designee.