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<br />~ <br />~HILLS <br />Request for Council Action <br /> <br />Prepared By: <br />Dept.: <br /> <br />Karen Barton <br /> <br />v.i3 <br /> <br />Agenda Item: <br />Motion to approve the Preliminary Development Agreement and Amendment to the <br />_~,:,ncli.r,:g cu1<:t Q_~~ra~~Y_!'_9_~_e:~_rl)~~t 1:J~_~~~n,tll~_<:;i!y _and eRR, LLC <br />- - Budgeted Amount: . - . . N/A <br />Actual Amount: N/A <br />Funding Source: __ N/A <br /> <br />7A <br /> <br />Community Development <br /> <br />Council Mtg. Date: <br />Final Action Needed By: <br /> <br />02/22/07 <br /> <br />:counCifActiC)n--R~-ue~t" _' <br />Motion to approve the Preliminary ()evelopment.Agreement anclfirstAmerldment toiheFundingand Guaranty agreement between the City <br />and eRR, LLC for the purchase and redevelopment of the TeAAP property. <br /> <br />Staff Recommendation: <br />Motion-to approve-the Preliminary Development Agreement and the fjrst Amendment to the Funding and Guaranty agreement between the <br />City and CRR, LLC for the purchase and redevelopment of the TCAAP property. <br /> <br /> <br /> <br /> <br />Planning: N/A <br />N/A <br /> <br />'~.UPp,8rji~g_Qcl,~~iil~ri~':,:,{~~g~_~) <br />X Memo/Letter: 02108/07 <br /> <br />Resolution No.: <br />Ordinance No.: <br />Engineering Recommendation: <br />Attorney Recommendation: <br />X Other: <br /> <br />first Amendment to Funding and Guaranty Agreement; Original Funding and Guaranty Agreement <br /> <br />~'financf~(rrnplicaY(?~_:___ ____ """ _ . <br />Recovery and reimbursement of city expenditures relating to the purchase and redevelopment of the TCAAP property. <br /> <br />Administrator/Staff Comments: <br />