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Council adopts MOU backing Sea Rice Terminals’ RFI response; adds site-collaboration and termination clauses
Summary
The council approved a memorandum of understanding supporting Sea Rice Terminals’ redevelopment authority response with two council-amended provisions: a collaborative site-plan commitment for the northern acreage and automatic termination of the MOU if Sea Rice’s proposal is not selected by the county.
The Common Council on March 4 adopted a memorandum of understanding (MOU) supporting Sea Rice Terminals’ response to a county request for information, with council amendments that add a commitment to collaborate on a site development plan and an automatic-termination clause if Sea Rice’s proposal is not selected.
Alder Johnson explained the MOU had been advanced by the…
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