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File #: RES0 24-062    Version: 1
Type: Resolution Status: Passed
File created: 4/16/2024 In control: City Council
On agenda: 5/6/2024 Final action: 5/6/2024
Title: Second Amendment to Development, Purchase, and Sale Agreement for 4469 Marietta Street
Indexes: MIT FY 23 - Downtown Development, MIT FY 23 -Commercial Development, SP - Attract and Retain Business, SP - Create Destinations that appeal to residents
Attachments: 1. Executed Agreement, 2. Executed RESO 24-062

Action Summary:

title

Second Amendment to Development, Purchase, and Sale Agreement for 4469 Marietta Street

MIT

MIT Supported - Mark All Applicable

Critical Staffing Needs (staffing shortages, retention)

Financial Stability/Sustainability (diverse tax base)

Safety & Protecting Community (code enforcement, stormwater)

Commercial Development

Downtown Development

Tourism (increase share; museum should equitably represent community; events)

Downtown Parking (address parking needs)

Youth Program/Council (community center for youth and seniors; learning gap)

Prepare for Growth and Development (infrastructure in place; annexation; curb cuts; recycling, signage)

staffnotes

Staff Notes

The DDA and developer have signed the amendment to the contract but the city needs to sign because they are listed on the agreement. The amendment is to extend the time to obtain a certificate of occupancy from June 15, 2024 to August 15, 2024