Approve land sale agreement with Terminal One Development for Terminal One property

Terminal 1 & the PortContracts

In Plain English

The city owns the Terminal One property and plans to sell it to Terminal One Development. This agreement sets the terms for transferring ownership of the land. The buyer is connected to Suzhou Weibang Property Management, a company based in China.

Auto-generated summary. Source: official agenda documents.

Votes

Approve the Land Disposition Agreement with Terminal One Development, LLC

Moved by: RogersSeconded by: Boozé
Passed

6 to 0

MyrickAye
ButtAbsent
BoozéAye
BatesAye
McLaughlinAye
BecklesAye
RogersAye