City of Brookings - File #: RES 26-057

• File #: RES 26-057
• Version: 1
• Type: Resolution
• Status: Passed
• File created: 8/24/2026
• In control: City Council
• On agenda: 9/8/2026
• Final action: 9/8/2026
• Title: Public Hearing and Action on Resolution 26-057, a Resolution Authorizing the Termination of the Development Agreement (Including All Addenda) with Linchpin Corporation; and Authorizing the Execution of the Documents to Effectuate the Terms and Intent of the Resolution.

Date	Ver.	Action By	Action	Result
9/8/2026	1	City Council

Title

Public Hearing and Action on Resolution 26-057, a Resolution Authorizing the Termination of the Development Agreement (Including All Addenda) with Linchpin Corporation; and Authorizing the Execution of the Documents to Effectuate the Terms and Intent of the Resolution.

Body

Summary and Recommended Action:

The proposed Resolution authorizes the mutual termination of the Development Agreement between the City of Brookings and Linchpin Corporation for the redevelopment of the Armory property at 221 Main Avenue.  Under the proposed termination agreement, the City will reimburse $307,927 for completed environmental remediation and property-related improvements that benefit the City-owned site and its future redevelopment.  Staff recommends approval.

Body2

Attachments:

Memo

Resolution

Termination Agreement