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Board extends cooperative agreement with New Orleans Redevelopment Authority and authorizes remaining funds
Summary
The board approved a first amendment to the cooperative endeavor agreement with the New Orleans Redevelopment Authority to extend the term through 06/30/2027 and authorized use of the remaining contract balance of $166,394.92; one abstention was recorded.
Counsel presented a first amendment to the cooperative endeavor agreement with the New Orleans Redevelopment Authority (NORA) to extend the agreement through June 30, 2027 and to authorize the utilization of the contract's remaining balance of $166,394.92. The motion was moved, seconded, and passed; the record shows one abstention from Board Member Marshall.
Counsel asked for a roll call and the motion carried. The amendment authorizes the general counsel to prepare the amendment for signature by the board president and NORA’s authorized representative and directs staff to use the remaining funds in accordance with the agreement's terms.
