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05/18/1993
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05/18/1993
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1/3/2012 1:14:44 PM
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City Clerk
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Minutes
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5/18/1993
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<br />I <br /> <br />. <br /> <br />. <br /> <br />AMENDMENT TO THE DISPOSITION AND DEVELOPMENT AGREEMENT WITH THE HISTORIC FRENCH <br />PARK NEIGHBORHOOD ASSOCIATION <br /> <br />Kotion: <br /> <br />Direct the Agency Attorney to prepare, and authorize the Agency <br />Chairman and Executive Director to execute, an amendment to the <br />Disposition and Development Agreement with the Historic French Park <br />Neighborhood Association. <br /> <br />MOTION: <br /> <br />Richardson <br /> <br />Moreno <br /> <br />SECOND: <br /> <br />VOTES: <br /> <br />Lutz, Mills, Moreno, Richardson, Young <br /> <br />AYES: <br /> <br />NOES: <br /> <br />None <br /> <br />PARKING <br /> <br />LEASE, <br /> <br />SPACE, <br /> <br />LOAN <br /> <br />AND <br /> <br />BUILDERS EXCHANGE BUILDING <br />KODIFICATION AGREEMENTS <br /> <br />LOT <br /> <br />PARKING <br /> <br />Motion: <br /> <br />Direct the Agency Attorney to prepare, and authorize the Agency <br />Chairman and the Executive Director to execute: <br /> <br />1. <br /> <br />A Lease Agreement for the lease of an Agency parcel to Barco <br />Parking Association for improvement as a parking lot. <br /> <br />2. <br /> <br />A Parking Space Agreement for the permanent provision of 50 <br />parking spaces to the owners of the Builders Exchange <br />building. <br /> <br />3. <br /> <br />A Loan Modification Agreement substituting a new Promissory <br />Note of the Builders Exchange Association to the Agency as <br />beneficiary in place of the 1988 Note. <br /> <br />Subject to the following: (a) Horton, Barbaro and Reily <br />agreeing to remain as tenants in the subject property for at <br />least five years from execution of these agreements; and (b) <br />any costs borne by the Agency will not be considered a future <br />cost to the Artist LivejWork Project. <br /> <br />MOTION: <br /> <br />Richardson <br /> <br />Moreno <br /> <br />SECOND: <br /> <br />VOTES: <br /> <br />AYES: <br /> <br />Lutz, Mills, Moreno, Richardson, Young <br /> <br />NOES: <br /> <br />None <br /> <br />-2- <br /> <br />MY 1S. 1993 <br /> <br />REDEVELCI'IEIIT AGEICY "IllITES <br />
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