File #: 21-0514    Version: 1 Name:
Type: Motion Status: Passed
File created: 4/19/2021 In control: Reinvestment Zone No. 3 - Downtown
On agenda: 4/27/2021 Final action: 4/27/2021
Title: Motion approving Amendment No. 1 to the Downtown Development Reimbursement Agreement for Agnes Water, LLC which provides an eight-month (8) extension that the Developer must complete improvements on or before March 31, 2022, effective upon signature by the City Manager or designee.
Sponsors: Downtown Management District
Attachments: 1. TIRZ #3 Downtown Development Reimbursement Memo, 2. Amendment No 1 Agnes Water LLC, 3. TIRZ #3 PPT - South Chap Square Update, 4. South Chaparral Square Picutres, 5. Extension Letter Request - So. Chapparal Square

Title

Motion approving Amendment No. 1 to the Downtown Development Reimbursement Agreement for Agnes Water, LLC which provides an eight-month (8) extension that the Developer must complete improvements on or before March 31, 2022, effective upon signature by the City Manager or designee.