Agenda Item # 11.b.
City Commission Regular Meeting - 5:05 pm
- Meeting Date:
- 11/21/2022
- Re
- King's Landing Amendment
- Submitted For:
- Shyanne Harnage
SUBJECT:
Approval of First Amendment to Amended and Restated Agreement for Development of King’s Landing
SUMMARY:
The First Amendment to the Amended and Restated Agreement for the Development of King's Landing extends certain deadlines related to the Development Timeline as well as revises the Tax Increment Revenue incentives for the hotel parcel. This amendment was approved by the Fort Pierce Redevelopment Agency Board on November 8, 2022.
RECOMMENDATION:
Approve First Amendment to Amended and Restated Agreement
ALTERNATIVES:
Deny First Amendment to Amended and Restated Agreement
RESPONSIBLE STAFF:
Shyanne Harange, Economic Development Manager
COORDINATED WITH:
Nicholas Mimms, City Manager
Tanya Earley, City Attorney
Tanya Earley, City Attorney
Fiscal Impact
OTHER INFORMATION:
N/A
Attachments
- First Amendment to Amended and Restated Agreement for Development of King's Landing
- Economic Impact Analysis of King's Landing Hotel Project
- Economic Impact Analysis of King's Landing
- King's Landing Amended Development Timeline
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| City Manager | Nick Mimms | 11/09/2022 06:14 PM |
| City Manager | Nick Mimms | 11/09/2022 06:14 PM |
- Form Started By:
- Shyanne Harnage
- Started On:
- 11/09/2022 08:05 AM
- Final Approval Date:
- 11/09/2022