Agenda - Council - 01/14/2025 - Laserfiche WebLink

Home

June 30, 2025 1. Motion to recommend to the City Council to approve the Amended and Restated Right of Re-Entry Agreement (as presented); subject to City Attorney review. (Staff and EDA Recommendation) 2. Motion to recommend to the City Council to approve the Amended and Restated Right of Re-Entry Agreement (with changes); subject to City Attorney review. 3. Something else. Or; Option 2 - No Extension of Right of Re-Entry Agreement 1. Motion to recommend to the City Council to re-enter and take possession of the Property pursuant to Paragraph 4 of the Right of Re-Entry Agreement dated August 221 2023 if a C/O is not obtained by January 22, 2025. 2. Motion to recommend to the City Council to impose a $50,000 fine pursuant to Paragraph 3 of the Right of Re-Entry Agreement dated August 22, 2023 if a C/O is not obtained by January 22, 2025. 3. Something Else Funding Source: This case is being handled as part of normal Staff duties. Recommendation: Staff recommends approval of the attached Resolution#25-008 as presented extending the required C/O date in Right of Re-Entry Agreement from January 22, 2025 to June 30, 2025 The EDA met on January 9, 2025 and unanimously recommended approval of the Amended and Restated Right of Re-Entry Agreement (as presented); subject to City Attorney review. Action: Motion to Adopt Resolution #25-008 Approving Amended and Restated Right of Re-Entry Agreement:Ramsey Properties, LLC (Hilton Home2 Suites); subject to City Attorney review. Attachments Site Location Map ACTION-Resolution#25-008 ACTION-Amended and Restated Right of Re-Entry Agreement Request for Extension Letter REFERENCE-Recorded Right of Re-Entry Form Review Inbox Reviewed By Date Sean Sullivan(Originator) Sean Sullivan 01/09/2025 09:32 AM Brian Hagen Kathy Schmitz 01/09/2025 03:48 PM Form Started By:Sean Sullivan Started On: 12/20/2024 03:38 PM Final Approval Date:01/09/2025