CCP 09-13-2004 - Laserfiche WebLink

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~ ~~HILLS MEMORANDUM . DATE: September 13, 2004 TO: City Council FROM: Scott Clark, Community Development Director SUBJECT: Proposed Agreement The following memo outlines business concept points that have been discussed between CRR, LLC and staff (City Attorney Filla, Michelle Wolfe and Scott Clark). Council may have a previous copy of Interim Draft #10, which is being used as a base for negotiations, but the current thought is that an entirely new interim agreement would be written as opposed to amending the old. Staff will be referencing, within this report, particular language within Draft # 10 for sake of simplicity. The intended course of action will be for the Council to discuss these concepts at the City Council meeting, Monday September 13,2004 at 5:30 p.m. Council will then have the opportunity to discuss issues with CRR the same night as the Council's post-meeting Work Session agenda consists of TCAAP related issues. Note: After each section is a statement as to whether staff is recommending the suggested changes or whether this is still an open issue due to either concerns with the concept or the necessity of agreeing to language. . Expiration Date: 11 has been proposed that the new Interim Agreement (Agreement) run two years with a one year extension provided that neither party is in default. It should be remembered that the Interim Agreement (and the commensurate time period) defines the roles of both parties with the end goal of a Disposition and Development Agreement (DDA). Once the DDA is complete and the Early Transfer is completed the Interim Agreement is terminated. Staff recommends the same. Corporate Name CCR, LLC will retain their existing corporate name. Staff recommends the san1e. .