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Council approves amendment increasing municipal reimbursement for Rolling Prairie Phase 1
Summary
The Portage Common Council approved a third amendment to the Phase 1 developer agreement for the Rolling Prairie subdivision that increases the municipal revenue obligation to cover an unplanned antenna installation and extends remaining completion deadlines.
The Portage City Common Council on a unanimous vote approved a third amendment to the Phase 1 developer agreement for the Rolling Prairie subdivision that raises the municipal revenue obligation to cover an unplanned antenna installation and extends the developer’s completion timeline.
The amendment increases the municipal revenue obligation (MRO) by $18,958 and adjusts the MRO total from $2,315,356.57 to $2,334,314.57, according to city staff. The council also approved a revised completion date tied to remaining punch-list and demolition work, with staff saying most construction will be complete by March 1,…
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