Title
Action to approve an addendum to the Developer Agreement for Tax Increment District #11.
Body
Summary:
Action to approve an addendum to the Developer Agreement between the City of Brookings and Prairie Hills, LLC, for Tax Increment Financing District #11. The addendum amends the total project costs associated with Tax Increment Financing District #11 as well as the tax increment revenue payment terms to the Developer.
Recommendation
Recommendation:
Staff recommends approval.
Body2
Attachments:
Memo
Addendum
Developer Agreement - Original