File #: 20-0235    Version: 1 Name:
Type: Motion Status: Passed
File created: 2/5/2020 In control: Reinvestment Zone No. 3 - Downtown
On agenda: 2/25/2020 Final action: 2/25/2020
Title: Motion approving Amendment No. 1 to the Downtown Development Reimbursement Agreement for Americano Properties, which provides a six-month extension and requires the Developer to complete improvements on or before August 31, 2020, effective upon signature by the City Manager or designee.
Sponsors: Downtown Management District
Attachments: 1. TIRZ #3 Agenda Memo - Americano Properties 1st Amendment, 2. Amendment No 1 Streetscape Americano Properties, 3. Extension Letter Request - Americano Properties

Title

Motion approving Amendment No. 1 to the Downtown Development Reimbursement Agreement for Americano Properties, which provides a six-month extension and requires the Developer to complete improvements on or before August 31, 2020, effective upon signature by the City Manager or designee.