File #: Res ECAGID 16-07    Version: 1 Name: APPROVING FIRST AMENDMENT TERMINATING TOWER ROAD IMPROVEMENTS PROJECT FUNDING AGREEMENT
Type: ECAGID Resolution Status: Passed
File created: 10/3/2016 In control: E-470 Commercial Area General Improvement District
On agenda: 10/17/2016 Final action: 10/17/2016
Title: RESOLUTION APPROVING FIRST AMENDMENT TERMINATING TOWER ROAD IMPROVEMENTS PROJECT FUNDING AGREEMENT
Attachments: 1. Resolution, 2. Agreement

Title

RESOLUTION APPROVING FIRST AMENDMENT TERMINATING TOWER ROAD IMPROVEMENTS PROJECT FUNDING AGREEMENT

 

Body

Summary and Background Information

After the 2K ballot measure was approved by the voters, City Council decided not to require the general improvement districts to reimburse the City for each GID’s portion of the cost to improve Tower Road.  This resolution and IGA amendment terminate the Tower Road Project funding agreement.

 

Staff Responsible (Department Head):  Roger Tinklenberg

Staff Member Presenting:  Roger Tinklenberg

 

Financial Impact:  N/A

Funding Source:  N/A

 

Suggested MotionI move to approve Resolution ECAGID 16-07