File #: 15-357   
Type: New Business Status: Agenda Ready
Meeting Body: City Council
On agenda: 1/12/2016
Title: Hope Street Lots-Exclusive Right to Negotiate Agreement.
Attachments: 1. Council Report, 2. ATT 1 - Study Session Report, 3. ATT 2 - Council Report, 4. ATT 3 - Council Report
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Title

Hope Street Lots-Exclusive Right to Negotiate Agreement.

Recommended Action

1.                     Approve The Robert Green Company as the best-qualified developer to develop the Hope Street Lots.

 

2.                     Authorize the City Manager or his designee to execute an Exclusive Right to Negotiate (ERN) Agreement with The Robert Green Company and commence the negotiation process for development of the Hope Street Lots.

 

3.                     Authorize the City Manager or his designee to execute an amendment to the ERN Agreement to extend the term for an additional 60 days if negotiations are not complete, but are progressing.