File #: 2022-0319-E    Version: 1 Name:
Type: Ordinance Status: Passed
File Introduced: 4/26/2022 In control: City Council
On agenda: 5/24/2022 Final action: 5/24/2022
Effective date:    
Title: ORD Making Certain Findings, & Approving & Auth the Chief Executive Officer of the Downtown Investment Auth, or her Designee, to Execute a Redev Agreemt (“Agreement”) btwn the Downtown Investment Auth (“DIA”) & East Union Holdings, LLC (“Owner”), to Support the Renovation & Rehab by Owner of the Building known Generally as the Union Terminal Warehouse, located 700 Union St (the “Project”); Auth 3 Downtown Preservation & Revitalization Program (“DPRP”) Loans, in an Aggregate Amount not to Exceed $8,285,793.00, to the Owner in Connection with the Redev of the Project, to be Approp by Subsequent Legislation; Designating DIA as Contract Monitor for the Agreemt; Providing for Oversight of the Project by DIA; Auth the Execution of all Documents Relating to the above Agreemt & Transactions, & Auth Technical Changes to the Documents. (Sawyer) (Introduced by CP Newby at Req of DIA) 4/26/22 CO Introduced: NCSPHS, F 5/2/22 NCSPHS Read 2nd & Rerefer 5/3/22 F Read 2...
Introducer and/or Co-Sponsor(s): Downtown Investment Authority
Assigned Committees: FINANCE, NCSPHS
Legislation Documents: 1. 2022-319 Original Bill, 2. 2022-319 Exhibit 1, 3. 2022-319 LFS, 4. 2022-319 Bill Summary.pdf, 5. 2022-319 NCSPHS Amd, 6. 2022-319 Revised Exhibit 1, 7. 2022-319-E