13-5172
FIRST AMENDMENT TO THE AMENDED AND RESTATED DEVELOPMENT AGREEMENT FOR PRADERA RECOMMENDATION: ADOPT RESOLUTION 13-1590 APPROVING, AUTHORIZING AND DIRECTING THE EXECUTION OF THE FIRST AMENDMENT TO THE AMENDED AND RESTATED DEVELOPMENT AGREEMENT FOR PRADERA; PROVIDING AUTHORIZATION AND DIRECTION TO TAKE ACTIONS AND EXECUTE DOCUMENTS NECESSARY TO CARRY OUT INTENT OF RESOLUTION AND FIRST AMENDMENT; AND PROVIDING FOR AN EFFECTIVE DATE. PURPOSE: The purpose of this item is to review and approve a First Amendment to the Amended & Restated Development Agreement for Pradera, which amends the terms of the Amended & Restated Development Agreement for Pradera related to the timing of cost recovery payments for the construction of regional water and sewer improvements. (Sarah Chilton, Assistant City Attorney)
- Committee
- City Council Regular Meeting
- Introduced
- November 26, 2013
- On agenda
- December 9, 2013
- Passed
- December 9, 2013
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