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Council consents to collateral assignment for 1116 Hobart Drive multifamily development
Summary
The Common Council approved Moske Corporation's request to consent to a collateral assignment of development agreement 2025-04 to Associated Bank for the 1116 Hobart Drive multifamily project.
The Green Bay Common Council voted to consent to Moske Corporation's collateral assignment of development agreement 2025-04 to Associated Bank for the 1116 Hobart Drive multifamily development.
At the committee of the whole, Alder Johnson moved to approve the consent and Alder Hinkfuss seconded. The motion passed by voice vote with no recorded roll-call tally in the transcript.
The development agreement was identified in the meeting as 'development agreement 2025-04' for the 1116 Hobart Drive project. Council did not record additional conditions in the transcript; staff and legal follow-up were indicated as next steps to finalize documentation with Associated Bank.
The item was placed in committee of the whole and was approved without further recorded debate.
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