File #: 2022-0452-E    Version: 1 Name:
Type: Ordinance Status: Enacted
File Introduced: 6/14/2022 In control: City Council
On agenda: 7/26/2022 Final action: 7/26/2022
Effective date:    
Title: ORD Apv & Auth the Chief Exec Officer of the DIA, or Her Designee, to Execute a Redev Agrmt (“Agreement”) btwn the DIA (“DIA”) & 323 E Bay Street RE LLC (“Developer”), to Support the Reno & Rehab by Developer of a Historic Bldg Located at 323 E. Bay St (“Project”); Auth 3 Downtown Preservation & Revitalization Prog (“DPRP”) Loans, in the Aggregate Amt not to Exceed $1,536,350.00, to the Developer in Connection with the Proj, to be Approp by Subsequent Legislation; Desig the DIA as Contract Monitor for the Agrmt; Prov for Oversight of the Proj by the DIA; Auth the Execution of all Docs Relating to the Above Agrmt & Transactions, & Auth Technical Changes to the Docs (Dillard) (Introduced by CP at Req of DIA) 6/14/22 CO Introduced: NCSPHS, F 6/21/22 NCSPHS Read 2nd & Rerefer 6/22/22 F Read 2nd & Rerefer 6/28/22 CO PH Read 2nd & Rerefer: NCSPHS, F 7/18/22 NCSPHS Approve 6-1 (Ferraro) 7/19/22 F Approve 6-0 7/26/22 CO Approve 17-0 Public Hearing Pursuant t...
Introducer and/or Co-Sponsor(s): Downtown Investment Authority
Assigned Committees: FINANCE, NCSPHS
Legislation Documents: 1. 2022-452 Original Bill, 2. 2022-452 Exhibit 1, 3. 2022-452 LFS, 4. 2022-452 Bill Summary, 5. 2022-452-E