HomeMy WebLinkAbout00-390.docSEPTEMBER 26, 2000 00-390 RESOLUTION
(CARRIED 5-0 LOST
LAID OVER WITHDRAWN )
PURPOSE:
ACCEPT PROPOSAL; APPROVE DEVELOPER AGREEMENT/
PORTION OF DIVISION STREET REDEVELOPMENT AREA
INITIATED BY: CITY ADMINISTRATION
WHEREAS, the Oshkosh Common Council has designated boundaries for the
Division Street Redevelopment Area and approved the Redevelopment Plan for said area;
and
WHEREAS, the City solicited proposals for the redevelopment of a portion of said
Redevelopment Area, per the attached "Map 1"; and
WHEREAS, the most advantageous proposal received that meets redevelopment
objectives for said approved Redevelopment Area was from Burns Development.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of
Oshkosh that the proposal from Burns Development is hereby accepted. (Burns
Development proposal is incorporated into the Developers Agreement as "Exhibit 1")
BE IT FURTHER RESOLVED that the proper City officials are hereby authorized
and directed to enter into the attached Developers Agreement with Burns Development,
any changes in the execution copy being deemed approved by their respective signatures,
and said City officials are authorized and directed to take those steps necessary to
implement the terms and conditions of the Agreement.