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Consider the East Rosemary Redevelopment Proposal Framework for the Economic Development Agreement at 125 E. Rosemary Street.
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Staff: |
Department: |
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Maurice Jones, Town Manager |
Managers Office |
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Dwight Bassett, Economic Development Officer |
Economic Development/Managers Office |
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Bob Jessup, Attorney -Sanford Holshouser |
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Overview: Council created a list of issues to be address in the Memorandum of Understanding and the Economic Development Agreement. A Team of Town representative including Town Attorney and external attorney in conjunction with the Grubb Team and attorney, have been working through and negotiating on these issues. This Work Session provides an update as to the status of issues and how they will be addressed in the Economic Development Agreement.
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Recommendation(s): |
That the Council consider the negotiations to date and offer the Team guidance to move toward an Economic Development Agreement.
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Attachments: |
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• Draft Staff Presentation |
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• DRAFT Framework for Economic Development Agreement |
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The Agenda will reflect the text below and/or the motion text will be used during the meeting. |
presenter
PRESENTER: Maurice Jones, Town Manager
Dwight Bassett, Economic Development Officer
Bob Jessup, Attorney -Sanford Holshouser
The purpose of this item is for the Council to consider the negotiations to date and offer the Team guidance to move toward an Economic Development Agreement.