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Newark council advances developer agreement amendment and waives special-event permit fee; ordinance set for public hearing Oct. 22
Summary
The Municipal Council approved an amendment inserting the lender as mortgagee in a developer agreement and voted to waive the special event permit fee for the Trike Masters breast cancer motorcycle run; the council also adopted an ordinance on first reading that will be advertised for a public hearing Oct. 22.
Brandy Daniel, legislative coordinator for Economic and Housing Development, told the council on Oct. 7 that an amendment to an agreement would list the lender as the mortgagee in the agreement paperwork to allow the lender to provide funding to the developer.
Council members voted to advance and adopt the amendment. The roll call on the motion recorded affirmative votes from council members who spoke during the roll call sequence.
Separately, the council advanced and adopted…
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