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City pursuing Imperial Historic District acquisition; notice of intent cites up to $50 million in certificate of obligation
Summary
During the director27s report to Sugar Land 4B, Devin Rodriguez said the City Council took actions Feb. 18 to pursue acquisition of the Imperial Historic District and posted a notice of intent for a certificate of obligation with a $50 million ceiling, including allocations for land acquisition, Char House preservation and initial capital work.
Devin Rodriguez, director of redevelopment, reported to the Sugar Land 4B Corporation on Feb. 19 that City Council has taken actions to pursue acquisition of the Imperial Historic District site and that the city published a notice of intent for a certificate of obligation with a maximum of $50 million.
Rodriguez said the draft budget tied to the notice of intent allocates roughly…
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