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CRA director says Center for Arts and Innovation terminated PCDA and lease effective Jan. 8
Summary
CRA Director Brown told the board the Center for Arts and Innovation notified the city and CRA on Jan. 8 that it was immediately terminating the Oct. 12, 2022 pre-construction and development agreement (PCDA) and the lease pursuant to Section 14; the CRA confirmed termination by letter on Jan. 9.
CRA Director Brown reported on Jan. 13 that the Center for Arts and Innovation notified the CRA and the city on Jan. 8 that it was terminating immediately the pre-construction and development agreement and the lease that stemmed from the Oct. 12, 2022 PCDA.
"On January 8, the center notified the…
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