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File #: Res.15-0411    Version: A Name: Amendments to Development Agreement
Type: Resolution Status: Passed
File created: 11/3/2015 In control: City Attorney's Office
On agenda: 11/3/2015 Final action: 11/3/2015
Title: Amendments to Development Agreement Resolved, that the First Amendment to the Development Agreement between FDP MR, LLC, the City of Racine and the Redevelopment Authority of the City of Racine as executed on February 4, 2015, are entered into. Further resolved, that the Mayor, City Clerk, City Finance Director, City Attorney, the Authority Chairman, and the Acting Executive Director of the Authority are authorized to sign all documents, and take all necessary action to undertake, direct, and complete the execution of the First Amendment. Fiscal Note: The cost to engage the services of a consultant to assist in project planning and management are to be paid from funds placed in escrow by FDP.
Sponsors: James Morgenroth
Related files: 15-00955

Sponsor

Alderman Morgenroth

 

Title

Amendments to Development Agreement

 

Resolved, that the First Amendment to the Development Agreement between FDP MR, LLC, the City of Racine and the Redevelopment Authority of the City of Racine as executed on February 4, 2015, are entered into.

 

Further resolved, that the Mayor, City Clerk, City Finance Director, City Attorney, the Authority Chairman, and the Acting Executive Director of the Authority are authorized to sign all documents, and take all necessary action to undertake, direct, and complete the execution of the First Amendment.

 

Fiscal Note: The cost to engage the services of a consultant to assist in project planning and management are to be paid from funds placed in escrow by FDP.