HomeMy WebLinkAboutClosed SessionI MOVE THAT FOLLOWING THE ADJOURNMENT OF THIS MEETING,
THE COUNCIL CONVENE INTO CLOSED SESSION THE COUNCIL MAY
CONVENE INTO CLOSED SESSION TO DISCUSS BARGAINING
OPTIONS, STRATEGY, PARAMETERS AND TERMS RELATED TO THE
NEGOTIATION OF AN AGREEMENT FOR THE SALE OF 1212 S.
MAIN STREET (THE FORMER BUCKSTAFF PROPERTY) PURSUANT TO
SECTION 19.85(1)(E) OF THE WISCONSIN STATE STATUTES
WHERE COMPETITIVE BARGAINING REASONS REQUIRE A CLOSED
SESSION
TO: Honorable Mayor and Members of the Common Council
FROM: Mark Rohloff, City Manager
DATE: February 10, 2017
RE: Closed Session on Development Agreement for Arena Project
Staff is working on the appropriate documents necessary to keep the arena project for the Bucks
D -League team on schedule. Staff may need a closed session on Tuesday evening to discuss
terms of the development agreement. Our goal is to have the lease agreement approved by the
Council at the February 14 meeting; that approval is subject to confirming that all of the terms
and conditions are satisfactory before we sign a lease agreement.
Because of the team's goal to start construction by February 20, we are under tight time
constraints. Meanwhile, we are working on the development agreement that will set the terms
and conditions of the property transfer, clarify the developer's role in funding the upfront costs
of public improvements and the terms of repayment through a proposed "PayGo" TIF. While
we hope to have terms to share with the Council for their consideration, we may not have all
this information ready for closed session on February 14. If the closed session does not take
place, we will likely request that Council hold a special session (which may or may not include
a closed session) to approve a development agreement prior to the plan groundbreaking on
February 20. The situation continues to be fluid in order for us to accommodate the D -League
team's aggressive construction schedule. Should anything change between now and Tuesday's
meeting, staff will keep Council apprised accordingly.
CC: Lynn Lorenson, City Attorney
Allen Davis, Director of Community Development
City Hall, 215 Church Avenue P.O. Box 1130 Oshkosh, WI 54903-1130 920.236.5000 http://www.ci.oshkosh.wi.us