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Papillion council approves purchase agreement with Urban Waters LLC for long‑delayed redevelopment site

2095590 · January 8, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Papillion City Council approved terms of a purchase agreement with Urban Waters LLC for a long‑stalled public works redevelopment parcel, while noting the project remains contingent on future zoning, planning and TIF approvals.

The Papillion City Council on Jan. 7 approved terms of a purchase and sale agreement with Urban Waters LLC for a long‑discussed public works redevelopment site, voting 5-0 to authorize the agreement’s terms while preserving multiple contingencies.

The approval, recorded as Resolution R25-0016, moves the city and the buyer closer to a sale that city leaders said will help the developer secure financing and signal city intent to proceed, but does not complete entitlement steps such as zoning, planning approvals or tax‑increment financing (TIF) agreements.

“I’ll note this is a little unusual item because I think it's one of the first times we've ever done that some…

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