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File #: RES 25-049    Version: 1 Name:
Type: Resolution Status: Contracts
File created: 5/2/2025 In control: City Council
On agenda: 5/13/2025 Final action:
Title: Action on Resolution 25-049, a Resolution Authorizing the City Manager to sign a Maintenance Agreement with Sixth Street Development, LLC.
Attachments: 1. Memo, 2. Resolution, 3. Agreement
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Title

Action on Resolution 25-049, a Resolution Authorizing the City Manager to sign a Maintenance Agreement with Sixth Street Development, LLC.

 

Body

Summary and Recommended Action:

Staff recommends approval of the proposed resolution which will authorize the City Manager to approve a Maintenance Agreement with Sixth St. Development, LLC, for Tax Increment District #17, detailing the developer’s maintenance obligations and responsibilities in exchange for receiving tax increment revenue.

 

Body2

Attachments:

Memo

Resolution

Agreement