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Council discusses Lot 10 subrecipient agreement and developer reimbursement terms
Summary
Council discussed and signaled support to move forward Oct. 6 with a subrecipient/reimbursement agreement for Lot 10 redevelopment while seeking clearer protections in default clauses.
City staff returned Oct. 6 to discuss a subrecipient agreement tied to Lot 10 that would authorize state grant funds for redevelopment activities and allow reimbursements subject to contract terms.
Miss Moshe noted the agreement had been discussed at the prior work session and that the subrecipient arrangement requires recipients to meet thresholds before receiving reimbursement. Council members pressed for…
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