| | | | | | | | Council Communication
Department: City Clerk
Case/Project No.:
Submitted by: Richard Wade, Legal Department | Resolution 21-44 (Continued from February 8, 2021)
ITEM 6.A. | Council Action: 2/22/2021 |
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| | | | | | | | Description
Resolution approving and authorizing execution of a memorandum of understanding between the City of Council Bluffs and SINC. |
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| | | | | | | | Background/Discussion
This MOU was put together to establish the framework of how improvements to River’s Edge Park will be constructed, financed, operated and maintained. SINC is working on several projects in and around the Park. It is anticipated that the proposed improvements will represent a private investment of approximately $50,000,000.00 into the park. As we move forward with the different elements, agreements will be drafted and brought back to the City Council for final approval prior to the construction of the projects. |
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| | | | | | | | Recommendation
Authorize the Mayor to execute the Memorandum of Understanding. |
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