Council tells staff to fold developer's emailed commitments into written term sheets for Project Print and Princess

After returning from executive session the council discussed two economic-development items (Project Print and Project Princess) and asked staff to incorporate the developer's emailed commitments into the binding written agreements. Council members emphasized the community intent: public-facing commitments (fae7ade upgrades, activation of space, and specific benchmarks for performance) should be enshrined in the contract and the payment structure should be tied to net-new investment and verifiable performance milestones.

One council member summarized the concern: "We want those same kinds of commitments enshrined in the agreement rather than only in an email or a promise." Council also instructed staff to ensure language prohibits a beneficiary from protesting taxable values below the value that is the basis for the incentive (i.e., the city should not subsidize an incentive that the owner then reduces by contesting assessed value). Staff agreed to return with updated term-sheet language that lists obligations, measurable deliverables and precise investment amounts rather than the word "approximately."