5.2.
HRA Regular Session
- Meeting Date:
- 09/11/2012
- By:
- Darren Lazan, Housing & Redevelopment Authority
Information
Title:
Approve Amendment Number 1 to Purchase Agreement - KONA Properties, LLC
Background:
On September 4th, 2012, the HRA approved and executed the purchase agreement for Lot 5, Block 1, COR TWO with KONA Properties, LLC.
The development team continues to work on a potential Special Service District (SSD) for this area. Preliminary language has been discussed with the buyer, and they are agreeable to the concept. Mr. Bray has drafted updated language related to this item and we would like to include this in the purchase agreement through an Amendment attached for your review.
The development team continues to work on a potential Special Service District (SSD) for this area. Preliminary language has been discussed with the buyer, and they are agreeable to the concept. Mr. Bray has drafted updated language related to this item and we would like to include this in the purchase agreement through an Amendment attached for your review.
Recommendation:
The development team recommends the HRA approve Amendment Number 1 to the Purchase agreement for Lot 5, Block 1, COR TWO.
Funding Source:
N/A
Council Action:
Approve Amendment Number 1 to the Purchase agreement for Lot 5, Block 1, COR TWO.
Attachments
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Kurt Ulrich | Kurt Ulrich | 09/06/2012 04:46 PM |
- Form Started By:
- dlazan
- Started On:
- 09/06/2012 02:28 PM
- Final Approval Date:
- 09/06/2012