File #: 25-0325    Version: 1 Name:
Type: Motion Status: Passed
File created: 2/27/2025 In control: Reinvestment Zone No. 3 - Downtown
On agenda: 3/25/2025 Final action: 3/25/2025
Title: Motion to approve a 1st amendment to the TIRZ #3 Downtown Development Reimbursement Agreement with Scott M. Barker for the property located at 425 Peoples Street, which provides the developer a one-year extension for the completion date from March 30, 2025, to March 30, 2026, effective upon signature by the City Manager.
Sponsors: Downtown Management District
Attachments: 1. TIRZ #3 - Agenda Memo- 1st amendment to 425 Peoples Street (Landlord), 2. TIRZ #3 - Presentation - 1st Amendment to 425 Peoples Street, 3. TIRZ #3 - Original contract with Scott Barker, 4. TIRZ #3 - 1st Amendment to contract with Scott M Barker - 425 Peoples St, 5. TIRZ #3 - Request to extend deadline - 425 Peoples Street (Landlord)

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Motion to approve a 1st amendment to the TIRZ #3 Downtown Development Reimbursement Agreement with Scott M. Barker for the property located at 425 Peoples Street, which provides the developer a one-year extension for the completion date from March 30, 2025, to March 30, 2026, effective upon signature by the City Manager.