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Troutdale says Exclusive Negotiation Agreement signed; development team enters DDA negotiations
Summary
City staff told the advisory board the Exclusive Negotiation Agreement (ENA) with a selected development team for the Confluence/URA site has been signed, starting negotiations on a Development Disposition and Development Agreement (DDA). Staff said the ENA governs process and not site specifics and that the DDA will contain site details.
Troutdale staff told the Town Center Advisory Board that the city has signed an Exclusive Negotiation Agreement (ENA) with a selected development team for the urban-renewal “Confluence” site and is now negotiating a Development Disposition and Development Agreement (DDA).
“We have officially signed the ENA,” City staff said during the meeting. Staff explained…
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