Council Meeting Agenda (Special Session) - 2012-07-30
Document Date:
Monday, July 30, 2012
Special Session
ALEXANDRIA CITY COUNCIL
SPECIAL COUNCIL AGENDA
MONDAY, JULY 30, 2012
CITY COUNCIL CHAMBERS – 5:00 P.M.
PERSONS DESIRING TO ADDRESS THE COUNCIL SHALL INFORM THE PRESIDENT AT THE APPROPRIATE AGENDA ITEM.
- CALL TO ORDER
- ROLL CALL
C. ORDINANCE FOR FINAL ADOPTION
SUBJECT TO PUBLIC HEARING
1) To consider final adoption of an ordinance authorizing the Mayor on behalf of the City to enter into necessary contracts including a contract and Development Agreement with Third Street Partners, LP and New Horizons Development, LLC providing for a sale of 6 acres, more or less, of property from the City and otherwise concerning a portion of property formerly being part of the Hodges Stockyard tract located on Third Street; to set out and provide relative to terms and conditions in a Cooperative Endeavor and Development Agreement between the parties; to authorize a contract to sale (real estate option agreement) and a contract of sale of property for consideration from the City to the third parties for development and construction activities on the project site, including new construction of commercial improvements and other facilities; and also, relative to third parties constructing an additional improvement – Riverplace Phase II – providing for thirty two (32) townhouses on a portion of the property; to authorize certain funding from SPARC or the capital budget for assisting development and infrastructure cost; to authorize a lease of parking spaces and related property; to authorize a lease of substation located on the subject property; authorizing incentives and public works related to the proposed cooperative endeavor and to authorize security instruments and authority for the Mayor or his designee to subordinate security instruments if necessary pertaining thereto and otherwise to provide with respect thereto.
2) ANY OTHER BUSINESS WHICH BY UNANIMOUS CONSENT MAY PROPERLY COME BEFORE THE COUNCIL.
3) ADJOURNMENT.