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1992_0511_packet
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1992_0511_packet
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10/28/2011 4:13:36 PM
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X13"EQUEST FOR COUNCIL ACTION DATE 0* 5-11-92 <br />ITEM NO.: -- <br />Department Ap rov,al, Manager Reviewed Agenda Section. <br />Reports and <br />Recommendations <br />itlem Descrii C,ioin. Authorization to mod ify development agreement <br />w 'th Ryan Construction. <br />i <br />2 A number of s ingnil f ilicant changes have occurred which are a <br />follows <br />c The City Council directed staf f to purchase the Great <br />41 11111 <br />Dane sletel, which is immed,lately adjacent to the Ramsey <br />(Ji <br />f parcels, <br />3,* Basied on' the aforementioned changes,, 'it is proposed that the <br />oricrinal development agreement be modified to include the <br />Ramsey', Lindi,g,, and, Great Diane parcels, <br />4 The, amount of cash outlay f or the Ramsey and Lind img proj" ects <br />woulid be reduced to $2 -m 7 millioniiiii, Ryan would agree to <br />construct up, to 140,000 sq* ft,. on the Ramsey and Lindig <br />sities, The basics, of the original agreement remain the same. <br />
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