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Council approves development agreement for Bel Air Avenue extension with Dollar Tree
Summary
Council authorized a development agreement among the city, Dollar Tree Inc., and Summit Point Block 5 LLC for the Bel Air Avenue Extension Project and approved the resolution by a 9-0 vote. The council thanked Dollar Tree representatives present at the meeting.
Council approved a resolution authorizing the city manager to execute a development agreement with Dollar Tree Incorporated and Summit Point Block 5, LLC for the Bel Air Avenue Extension Project. The mayor thanked Dollar Tree representatives who were present at the meeting and said the city values the partnership.
The resolution was moved and seconded during the regular agenda and adopted by a recorded 9-0 vote. No amendments or conditions were recorded during the discussion. The council did not provide a detailed financing breakdown on the record during the meeting; staff presented the item as requested by Economic Development.
