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Post Falls URA approves third addendum to Owner Participation Agreement with A&A Construction, extends completion date to 2029
Summary
The commission approved a third addendum to the Owner Participation Agreement with A&A Construction Incorporated that moves the improvements completion date from Jan. 1, 2025, to Jan. 1, 2029, and adds reimbursement language for minor projects.
The Post Falls Urban Renewal Agency Commission voted Nov. 21, 2024, to approve a third addendum to the Owner Participation Agreement with A&A Construction Incorporated, extending the project completion deadline and adding language on reimbursement for minor projects.
Director Johns introduced the addendum, drafted by counsel Bredesen, explaining two…
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