Require MRP to provide insurance for eminent domain lawsuits
In Plain English
MRP is the developer working on Point Molate, a major waterfront development project. The city faces potential lawsuits if it uses eminent domain to acquire private property for the project. If approved, MRP must buy insurance to cover the city's legal costs and damages from these lawsuits.
Auto-generated summary. Source: official agenda documents.
Votes
To end debate
4 to 3
To inform MRP that if they cannot provide proof of financial responsibility, the City will reconsider this agreement
2 to 5
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