File #: 2022-0493-E    Version: 1 Name:
Type: Ordinance Status: Enacted
File Introduced: 6/28/2022 In control: City Council
On agenda: 9/13/2022 Final action: 9/13/2022
Effective date:    
Title: ORD Approp $1,649,604.90 from General Fund - GSD Fund Balance to the Downtown Economic Dev Fund to Fund the Supplemental Purchase Price Owed to Fuqua BCDC One Riverside Project Owner, LLC (The “Developer”), Successor in Interest to Fuqua Acquisitions II, LLC, in Connection with the Purchase by the City of 4.95± Acres of Developer Owned Real Propty Pursuant to the Redevlpmt Agrmt Among the City, DIA & the Developer dated 12/20/21, Previously Auth by Ord 2021-796-E; Prov Funds Carryover to FY 2022-2023; Auth the Mayor, or His Designee, & Corp Secretary to Execute & Deliver, for & on Behalf of the City, (A) An Amend 1 to Redevelopment Agmt Among the City, DIA & Developer & (B) An Amend 1 to Demolition Agmt btwn the City & Developer, to Increase the Supplemental Purchase Price by $42,284.90 & Extend Certain Performance Schedules by 30 Days as Set Forth Therein & Other Tech Amendments; Amend the 2022-2026 5-Yr CIP Appvd by Ord 2021-505-E to Add Funding to...
Introducer and/or Co-Sponsor(s): Downtown Investment Authority
Assigned Committees: FINANCE, NCSPHS
Legislation Documents: 1. 2022-493 Original Bill, 2. 2022-493 Exhibit 1, 3. 2022-493 LFS, 4. 2022-493 Bill Summary, 5. 2022-493 NCSPHS Amd, 6. 2022-493 Revised Exhibit 1, 7. 2022-493 Exhibit 2, 8. 2022-493 Exhibit 3, 9. 2022-493 Exhibit 4, 10. 2022-493-E