File #: 23-0209    Version: 1 Name:
Type: Report Action Item Status: Passed
File created: 2/27/2023 In control: Community Development Committee
On agenda: 3/8/2023 Final action: 3/15/2023
Title: Request to approve staff entering a written agreement with Urbane 115, LLC, pursuant to Section 4.1.1 of the Development Agreement (Phase I), to extend the completion date to November 30, 2023 and grant staff authority to administratively approve an additional six (6) month extension to May 31, 2024, if warranted, for a mixed-use development located on the southeast corner of E. Washington Street and S. Oneida Street (Tax Id #31-2-0281-01) in Tax Increment Financing District No. 11
Attachments: 1. Urbane 115 LLC Ph 1 DA Extension of Terms Memo to CEDC 3-8-23.pdf, 2. Request from Merge-Urbane 115 for Phase 1 Completion Extension.pdf, 3. 1st Amendment to Merge-Urbane 115 Development Agreement Recorded_Ph 1.pdf, 4. Merge Conway TIF #11 Development Agreement Recorded_Ph 1.pdf

Title

Request to approve staff entering a written agreement with Urbane 115, LLC, pursuant to Section 4.1.1 of the Development Agreement (Phase I), to extend the completion date to November 30, 2023 and grant staff authority to administratively approve an additional six (6) month extension to May 31, 2024, if warranted, for a mixed-use development located on the southeast corner of E. Washington Street and S. Oneida Street (Tax Id #31-2-0281-01) in Tax Increment Financing District No. 11