HomeMy WebLinkAboutAmendment to Dev Agr/#17 CityAMENDMENT TO DEVELOPER'S AGREEMENT
WHEREAS, the Common Council for the City of Oshkosh by Resolution adopted September
25, 2001 the boundaries of and Project Plan for Tax Increment District # 17 City Center
Redevelopment; and
WHEREAS, the Common Council for the City of Oshkosh by Resolution adopted February 11,
2003, authorized and directed the proper City Officials to enter into an agreement for purposes of
facilitating improvements as identified in the Project Plan for Tax Increment District # 17 City Center
Redevelopment; and
WHEREAS, the parties to this agreement previously entered into a Development Agreement
dated July 2003 for the property generally identified as City Center, 201 Pearl Avenue; and
WHEREAS, the Developer has commenced and completed improvement projects prior to the
parties executing a Development Agreement dated July 2003; and
WHEREAS, the Developer wishes to utilize tax increment generated by improvements to the
City Center property to be reimbursed for these improvements.
NOW, THEREFORE, IT IS AGREED by and between the parties to this agreement that the
original development agreement between the parties is hereby amended as follows:
1. Subsection 4 of the agreement is amended by adding the following:
Developer may request approval for project activities committed to after adoption of the
creation resolution and before execution of the development agreement.
2. Subsection 5 of the agreement is amended by adding the foilowing:
Developer may request reimbursement for project activities committed to after adoption
of the creation resolution and before execution of the development agreement.
Subsection 6 of the agreement is amended by adding the following:
Developer may request authorization of projects committed to after adoption of the
creation resolution and before execution of the development agreement.
BE IT FURTHER RESOLVED this addendum does not alter any other provisions of the
development agreement not specifically identified herein.
IN WITNESS WHEREOF, the parties heretofore have caused this Amendment to be signed by
the proper persons of each party and their corporate seals, if any, to be hereunto affixed.
Dated this o~ day of ~~ ,2003.
In the Prcs. ence of: -~
CITY OF OSHKOSH ./%
Ri8hard ~,. W(~llangk, City Manager
P~mela R. Ubrig, City clerk : ~
STATE OF WISCONSIN )
) ss.
WINNEBAGO COUNTY )
Personally c~ame befor~:~e, this ~ day of ~0¢'~¢ , 2003, the above named
Jeffrey E. Pauly,L~4/~;v~z~;,,~ ~u'h/~¢.4 of City Cente~ Associates, LLC, to me known to be such
person and officer ~vho)ex~cuted the foregoing instrument and acknowledged the same as such
officer by its authority for the purpose therein contained.
Notary Public, Winnebago Count,v, W,I
My Commission expires/it:'. '7,11L¢/¢~
STATE OF WISCONSIN )
) ss.
WINNEBAGO COUNTY )
Personally came before me this ~ day of (~~ ,2003 the above named
Richard A. Wollangk, City Manager, and Pamela R. Ubrig, City Clerk, of the City of Oshkosh, a
municipal corporation, to me known to be such persons and officers who executed the foregoing
instrument and acknowledged the same as such officers by its authority for the purpose therein
contained·
~'Ne'tary Public, ~¢Jcfnebag~Co., WI
My Commission expires/.i~:
Ap~l~e.~d as to~F~'~~ -
V~arren'-C'7'_~ra~t, Cit~; A{torney
This document drafted by:
Attorney Warren P. Kraft, City Attorney
Oshkosh, WI 54903-1130