Extend Point Molate development agreement through May 2010
In Plain English
The city has a development agreement with Upstream Point Molate LLC that includes monthly payments of $90,000. This extension continues the agreement for a third period until May 20, 2010. Point Molate is a waterfront area where the city is working with a developer on future projects.
Auto-generated summary. Source: official agenda documents.
Votes
Extend the Point Molate LDA with Upstream
3 to 1
Why This Vote Matters
The council voted 4-1 to extend a development agreement with Upstream Point Molate LLC for the Point Molate waterfront area until May 20, 2010, with two members abstaining. Under this agreement, the developer pays the city $90,000 monthly while they work together on future development projects for the site. Councilmember McLaughlin cast the lone opposing vote, while Councilmembers Ritterman and Viramontes abstained from voting. This marks the third extension of the original development agreement.
Auto-generated context. Source: official meeting records.
Community Discussion
This discussion was submitted to the City Clerk as part of the public record.
Comments are submitted to the Richmond City Clerk before the meeting. By commenting, you agree to have your name and comment included in the public record.
Similar Discussions
5 related items found by meaning
Extend Point Molate development agreement with Upstream Point Molate LLC
Extend Point Molate development deadline to July 2010
Accept $90,000 from Point Molate developer for professional services
Extend Point Molate development sale deadline to March 15, 2010
Approve cleanup agreement for Point Molate development site
The Story So Far
Related items from other meetings
Hire law firm for general legal advice and lawsuits
Hire Bennett Gelini law firm for litigation and liability claims through 2028
Update sidewalk vendor permit rules and enforcement procedures
Approve 3-year contract with Unity Courier for library book delivery service
Hire consultant to help find new operator for water treatment and storm systems
Update administrative procedures and enforcement for sidewalk vendors
Increase Pogo Park contract by $3.3 million to complete Harbour-8 Park expansion
Hire consulting firm to study Port of Richmond's economic impact
Approve $299,797 contract to plan relocation of historic SS Red Oak Victory ship
Extend LCP Tracker labor compliance software contract by $29,000 through 2027