File #: 2022-0030-E    Version: 1 Name:
Type: Ordinance Status: Enacted
File Introduced: 1/11/2022 In control: City Council
On agenda: 2/8/2022 Final action: 2/8/2022
Effective date:    
Title: ORD Making Certain Findings, & Apv & Auth the Chief Executive Officer of the DIA, or Her Designee, to Execute a Redevelopment Agreemt (“Agreement”) btwn the Downtown Investment Authority (“DIA”) & JWB Real Estate Capital, LLC (“Developer”), to Support the Reno & Rehab by Developer of the Building Known Generally as the Thomas V. Porter House Building, Located at 510 N. Julia St (The “Project”); Auth 3 Downtown Preservation & Revitalization Prog (“DPRP”) Loans, in a Aggregate Amount not to Exceed $669,581.00, to the Developer in Connection with the Proj, to be Approp by Subsequent Legislation; Designating the DIA as Contract Monitor for the Agreemt; Providing Oversight of the Project DIA; Auth the Execution of all Docs Relating to the Above Agreemt & Transactions, & Auth Technical Changes to the Docs (Dillard)(Introduced by CP Newby at Req of DIA) 1/11/22 CO Introduced: NCSPHS, F 1/18/22 NCSPHS Read 2nd & Rerefer 1/19/22 F Read 2nd & Rerefer 1/25/22 C...
Introducer and/or Co-Sponsor(s): Downtown Investment Authority
Assigned Committees: FINANCE, NCSPHS
Legislation Documents: 1. 2022-30 Original Bill, 2. 2022-30 Exhibit 1, 3. 2022-30 LFS, 4. 2022-30 Bill Summary, 5. 2022-030_NCSPHS_Amd.pdf, 6. 2022-30-E.pdf