My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
NS-3071 -Approving Development Agreement No. 2023-02 for Related Bristol
Clerk
>
Ordinances
>
2021 - 2030 (NS-3001 - NS-XXXX)
>
2024 (NS-3055 - NS-XXX)
>
NS-3071 -Approving Development Agreement No. 2023-02 for Related Bristol
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
10/24/2024 7:15:43 AM
Creation date
10/23/2024 4:54:47 PM
Metadata
Fields
Template:
City Clerk
Doc Type
Ordinance
Agency
Clerk of the Council
Doc #
NS-3071
Item #
25
Date
10/15/2024
Destruction Year
P
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
46
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
Use <br />Approved <br />Total <br />Cumulative <br />Remaining to <br />Status & Look Ahead <br />SF/Units/Rooms <br />Completed In <br />Total <br />Be <br />Period <br />Completed <br />Completed <br />Residential <br />3,750 <br />100 <br />200 <br />3,550 <br />On target with 300 to be <br />completed in the next period <br />Hotel <br />250 <br />250 <br />250 <br />0 <br />Completed <br />Commercial <br />350.000 <br />150,000 <br />150,000 <br />200,000 <br />150k completed for Tenant X. <br />New <br />20-Year lease. <br />Negotiating with Tenant Y for a <br />15 year lease. <br />(c) Progress relative to economic projections of: <br />(i) Increases in property tax, <br />(ii) Property Tax In -Lieu of VLF received by the City, <br />(iii) Sales tax received from the Project, <br />(iv) Business tax received from the Project, <br />(v) Hotel Visitors Tax (HVT) <br />(vi) Utility User Tax received from the Project, <br />(d) Reporting for items listed in Section 6.1.2(c) shall be include a table, <br />prepared by Owner with City's cooperation, substantially similar to the following: <br />Reporting Period: 2024 — <br />Year 1 of 20 of Agreement <br />Revenue <br />Total for Period <br />Cumulative to <br />Percentage <br />Status & Look Ahead <br />date <br />increase over <br />2018 Base <br />Year <br />Property Tax <br />Property Tax <br />In -Lieu of <br />VLF <br />Safes Tax <br />TOT (HVT) <br />Business <br />Tax <br />Franchise <br />Tax <br />UUT <br />Ordinance No. NS-3071 Exhibit 4 <br />
The URL can be used to link to this page
Your browser does not support the video tag.