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File #: [20-0238]    Version: 1 Name:
Type: Discussion Item Status: Filed
File created: 4/7/2020 In control: Town Council
On agenda: 4/13/2020 Final action: 4/13/2020
Title: Consider the East Rosemary Redevelopment Proposal Framework for the Economic Development Agreement at 125 E. Rosemary Street.
Attachments: 1. Draft Staff Presentation, 2. DRAFT Framework for Economic Development Agreement, 3. Staff Presentation, 4. Emails from the Public, 5. Council Questions with Staff Response
Related files: [20-0226], [20-0186], [21-0022]

 

 

title

Consider the East Rosemary Redevelopment Proposal Framework for the Economic Development Agreement at 125 E. Rosemary Street.

body

 

Staff:

Department:

Maurice Jones, Town Manager

Managers Office

Dwight Bassett, Economic Development Officer

Economic Development/Managers Office

Bob Jessup, Attorney -Sanford Holshouser

 

 

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.

 

Recommendation(s):

That the Council consider the negotiations to date and offer the Team guidance to move toward an Economic Development Agreement.

 

Attachments:

 

Draft Staff Presentation

 

DRAFT Framework for Economic Development Agreement

 

 

end

 

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.