Council says Hudson Brewery sale contract needs clearer 'stabilization' definition and RFP-use language
Council updated the sale process for the D warehouse and said the Hudson Brewery requested a clear definition of 'stabilization' in the contract; council staff and the brewery's attorney will work with the city attorney to revise terms and aim for a vote next month.
The full story
Council members provided an update on a proposed sale of a riverfront warehouse to Hudson Brewery and described two outstanding contract issues that have delayed a vote: a penalty clause tied to "stabilization" that the buyer asked to have narrowly defined, and language reflecting the RFP that the buyer’s intended use be consistent with riverfront community use (the brewery use was the committee recommendation).
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in