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JUNE 14, 2005 05-177 RESOLUTION
(APPROVED__6-0____LOST_______LAID OVER_______WITHDRAWN_______)
PURPOSE:REVISE DEVELOPER AGREEMENT TERMS / PARCEL G,
MARION ROAD / PEARL AVENUE REDEVELOPMENT AREA
INITIATED BY:DEPARTMENT OF COMMUNITY DEVELOPMENT
WHEREAS, the Common Council previously approved the terms for a Developer
Agreement for the development of Parcel G within the Marion Road / Pearl Avenue
Redevelopment Project Area, which in part, called for initiation of construction of the
Phase I building by August 31, 2005, and
WHEREAS, based on the time needed to work out various issues with regard to
Parcel G, the developer now desires to modify the proposed Developer Agreement to
begin construction of the Phase I building prior to August 2006.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of
Oshkosh that the modification to the Developer Agreement for development of Parcel G
within the Marion Road / Pearl Avenue Redevelopment Project Area to begin
construction of the Phase I building prior to August 2006 is hereby approved, and the
proper City officials are hereby authorized and directed to enter into an appropriate
agreement, and to carry out all actions necessary to implement the City's obligations
under the Developer Agreement, as revised.