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Council reviews Lot 10 subrecipient agreement draft; instructs legal to prepare resolution
Summary
Legal presented a finalized draft subrecipient agreement and a disbursement schedule tied to Lot 10; council asked for the formal resolution and instructed legal to draft it for the next meeting so the agreement can be scheduled for legislative action.
City legal staff presented a revised subrecipient agreement tied to Lot 10, including a proposed disbursement schedule that structures reimbursements across land acquisition, predevelopment, construction draws and completion.
The city attorney's office said the agreement largely follows the city's standard subrecipient template with project-specific whereas…
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