File #: 23-1557    Version: 1 Name:
Type: Motion Status: Passed
File created: 9/12/2023 In control: Reinvestment Zone No. 2 - Island
On agenda: 9/19/2023 Final action: 9/19/2023
Title: Motion authorizing City staff to negotiate an amendment with Ashlar Interests, LLC, for the Whitecap development, in an additional amount not to exceed $14,000,000 for additional public improvements projects related to the large-scale development in the Zone, which may be subject to a future amendment to the TIRZ #2 Project and Financing Plan.
Attachments: 1. Agenda Memo- Amendment to Development Reinbursement Agreement, 2. Presentation-Whitecap additional projects

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Motion authorizing City staff to negotiate an amendment with Ashlar Interests, LLC, for the Whitecap development,  in an additional amount not to exceed $14,000,000 for additional public improvements projects related to the large-scale development in the Zone, which may be subject to a future amendment to the TIRZ #2 Project and Financing Plan.