Legislation Details

File #: 24-1524    Version: 1 Name:
Type: Motion Status: Passed
File created: 9/3/2024 In control: Reinvestment Zone No. 3 - Downtown
On agenda: 9/17/2024 Final action: 9/17/2024
Title: Motion to approve a Downtown Development Agreement with C&P Monarch, LP for improvements to the property located at 1102 S. Shoreline Boulevard (Holiday Inn Express) for a total incentive amount not to exceed $1,080,000, effective upon signature by the City Manager or designee.
Sponsors: Downtown Management District
Attachments: 1. TIRZ #3 Agenda Memo - Holiday Inn Express(Rooftop), 2. TIRZ #3 Presentation - Holiday Inn Express (Rooftop), 3. TIRZ #3 Contract - C&P Monarch LP - Holiday Inn Express

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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 (Holiday Inn Express) for a total incentive amount not to exceed $1,080,000, effective upon signature by the City Manager or designee.