Item Coversheet

Council Communication

Department: Legal
Case/Project No.:
Submitted by: Richard Wade 
Resolution 21-300
ITEM 6.C.
Council Action: 10/11/2021
Description

Resolution authorizing the Mayor to execute the First Amendment to Parking Rights and Agreement regarding Mid-America Center, Fieldhouse, Retail Spine and Hotel Developments by and between the City of Council Bluffs and MAC Ventures, LLC.  

 

 

 

 

Background/Discussion

This is one of 2 items on this Agenda for amendments to agreements that were entered in 2016 and 2017 between the City and MAC Ventures, LLC, a subsidiary of IWF. This amendment is regarding the common parking areas around the retail spine and clarifies the fees to be collected around the Mid-America Center. It also addresses issues that would arise upon the assignment of property interests in the retail spine.
Recommendation

Approval is recommended.
ATTACHMENTS:
DescriptionTypeUpload Date
AgreementAgreement10/6/2021
Resolution 21-300Resolution10/5/2021