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CITY OF CENTERVILLE REQUEST <br /> FOR COMMISSION ACTION c <br /> 11 <br /> 4ue, <br /> o i <br /> tervt <br /> Agenda Item# Department: Requested Meeting Date: <br /> VIL2 Planning April 2, 2019 <br /> TITLE OF ISSUE: <br /> Block 7 Redevelopment Recommendation <br /> BACKGROUND AND SUPPLEMENTAL INFORMATION: <br /> After hearing both presentations, the Planning Commission will be asked to make a recommendation to the <br /> City Council on which developer, they feel would be the best to work with, going forward. From there, if the <br /> City Council agrees, staff would work with that developer to draft a memorandum of understanding or some <br /> other form of agreement allowing both sides to do further due diligence on the project and negotiate terms. <br /> Staff understands that making this determination will be difficult without more firm commitments on what <br /> might be expected in the way of city assistance (fees, TIF, land price, etc.). However, gaining those <br /> commitments will take several months, and having both developers go through this simultaneously, simply isn't <br /> feasible. We will need to chose one. If an agreement can not be reached with the chosen developer, the other <br /> would certainly be invited back to the table. <br /> COST AND SOURCE(S) OF FUNDING: <br /> Development assistance will be discussed in general terms during the presentation <br /> REQUESTED ACTION: <br /> Motion to recommend entering into a due diligence agreement with for the redevelopment <br /> of the city-owned portion of Block 7, in downtown Centerville. <br /> For Clerk's Use: <br /> SUPPORTED DOCUMENTS ATTACHED <br /> Motion By: <br /> Resolution Ordinance Contract Minutes Plan Map <br /> Second By: <br /> Vote Record: Ave Nay <br /> �� Mosher Other(specify) Concept Plan Presentation <br /> Haiden <br /> Twohy <br /> Ganzel <br /> Broussard Vickers <br /> Fehrenbacher <br /> Olson Refer to: <br /> Consent Tabled Until: <br /> Regular Other: <br />