File #: 24-1184    Version: 1 Name:
Type: Motion Status: Passed
File created: 7/15/2024 In control: Reinvestment Zone No. 3 - Downtown
On agenda: 7/30/2024 Final action: 7/30/2024
Title: Motion to approve a 1st amendment to the TIRZ #3 Downtown Development Reimbursement Agreement with Furman Foundry, LLC for the property located at 418 Peoples Street, which provides the developer with an extension for the completion date from July 31, 2024, to January 31, 2025, effective upon signature by the City Manager or designee.
Sponsors: Downtown Management District
Attachments: 1. TIRZ #3 Agenda Memo - 1st Amendment to The Foundry, 2. TIRZ #3 Presentation - 1st Amendment to The Foundry, 3. FF_ExtensionRequest_Letter, 4. TIRZ #3 Contract - Furman Foundry - Amendment No 1, 5. TIRZ #3 Original Contract - Furman Foundry - 418 Peoples St

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Motion to approve a 1st amendment to the TIRZ #3 Downtown Development Reimbursement Agreement with Furman Foundry, LLC for the property located at 418 Peoples Street, which provides the developer with an extension for the completion date from July 31, 2024, to January 31, 2025, effective upon signature by the City Manager or designee.