File #: 23-0489    Version: 1 Name:
Type: Report Action Item Status: Passed
File created: 5/3/2023 In control: Community Development Committee
On agenda: 5/10/2023 Final action: 5/17/2023
Title: Request to approve the Second Amendment to the Development Agreement with Rise Apartments, LLC (assigned from MF Housing Partners, LLC) for redevelopment located on N. Oneida Street, E. Harris Street, and N. Appleton Street (Parcel Nos. 31-2-0441-00, 31-2-0536-00 and 31-2-0529-00) (per attached Certified Survey Maps in the process of being recorded) in Tax Increment Financing District No. 11 and approve the associated Assignment and Assumption of the Development Agreement
Attachments: 1. Rise Apts DA 2nd Amendment Memo to CEDC 5-10-23.pdf, 2. 0718 - Rise Apartments - Second Amendment to Dev Agrm - Clean - 05-08-2023.pdf, 3. Rise Apartments -- Assignment and Assumption of Development Agreement.pdf, 4. FINAL Rise NORTH CSM 4-11-23.pdf, 5. FINAL Rise SOUTH CSM 4-11-23.pdf

Title

Request to approve the Second Amendment to the Development Agreement with Rise Apartments, LLC (assigned from MF Housing Partners, LLC) for redevelopment located on N. Oneida Street, E. Harris Street, and N. Appleton Street (Parcel Nos. 31-2-0441-00, 31-2-0536-00 and 31-2-0529-00) (per attached Certified Survey Maps in the process of being recorded) in Tax Increment Financing District No. 11 and approve the associated Assignment and Assumption of the Development Agreement