File #: 2023-0268-E    Version: 1 Name:
Type: Ordinance Status: Enacted
File Introduced: 4/25/2023 In control: City Council
On agenda: 5/23/2023 Final action: 5/23/2023
Effective date: 5/24/2023    
Title: ORD Apv & Auth the CEO of DIA, or Her Designee, to Execute a Redev Agrmt btwn the DIA & 525 Beaver, LLC, to Support the Renovation & Rehabilitation by Developer of a Historic Building Located at 525 W. Beaver St; Auth 2 Downtown Preservation & Revitalization Prog (DPRP) Loans, in an Aggregate Amt not to Exceed $1,251,430.00, to the Developer in Connection with the Proj, to be Approp by Subsequent Legislation; Designating DIA as Contract Monitor for the Agrmt; Prov for Oversight of the Proj by DIA; Auth the Execution of All Docs Relating to the Agrmt & Transactions, & Auth Technical Changes to the Docs; Timeline for Execution of Agrmt by the Developer (Dillard) (Req of DIA) 4/25/23 CO Introduced: NCSPHS, F 5/1/23 NCSPHS Read 2nd & Rerefer 5/2/23 F Read 2nd & Rerefer 5/9/23 CO PH Read 2nd & Rerefer 5/15/23 NCSPHS Amend/Approve 4-1 (Ferraro) 5/16/23 F Amend/Approve 7-0 5/23/23 CO Amend/Approve 15-1 (Ferraro) Public Hearing Pursuant to Ch 166, F.S. & C.R. 3.601 - 5/9/23
Introducer and/or Co-Sponsor(s): Downtown Investment Authority
Assigned Committees: FINANCE, NCSPHS
Legislation Documents: 1. 2023-268 Original Bill, 2. 2023-268 LFS, 3. 2023-268 Bill Summary, 4. 2023-268 On File, 5. 2023-268 NCSPHS Amd
Final documents: 1. 2023-268-E, 2. 2023-268 Exhibit 1