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Resolution 2021-08
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Resolution 2021-08
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Last modified
5/7/2024 3:12:27 PM
Creation date
2/17/2021 10:10:44 AM
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Template:
City Council Records
Also Known As (aka)
Public Infrastructure Assistance Agreement Amendment 1 with Revitalization Commission and 824 South Inc
Meeting Date
2/16/2021
Doc Type
Resolution
Ord/Res - Year
2021
Ord/Res - Number
8
Original Hardcopy Storage
9C5
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2. The termination date (i.e., the date by which the developer must complete <br />the Project Improvements) in Section 5 of the Original agreement is hereby extended to <br />September 30, 2021. <br />3. At execution of this Amendment, the LRC shall deposit with the City one <br />hundred and fifteen percent (115%) of the Maximum Contract Amount ($295,196.52 <br />multiplied by 1.15), which amount shall constitute the Financial Guarantee as defined in <br />and subject to the term:; of, the Original Agreement. <br />4. Except as expressly amended herein, the Original Agreement is hereby <br />ratified and confirmed and ;:hall remain in full force and effect and binding upon the LRC, <br />the City, and Developer it a^crrdance with Its terms. Capitalized terms not defined herein <br />shall have the meaning set forth �M the Original Agreement, <br />This First Amendment to Public Infrastructure Assistance Agreement is effective as <br />of the date first above written. <br />824 SOUTH, INC. <br />A Colorado Limited Liability Company <br />Name'\-b JCU nI 'I a C <br />Title <br />Print Name <br />CITY ) LOUI VILLE <br />By: <br />Ashley Stet% ann, Mayor <br />ATTEST: <br />Meredyth Muth, City Clerk <br />LOUISVILLE REVITALIZATION <br />COMMISSION <br />By: _ <br />Alexis Adler, Chair <br />ATTEST: <br />m <br />Te <br />Alex Gorsevski, Secretary <br />Page 2 of 2 <br />
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