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A. New Business  
City Council Meeting Agenda Finance  
Meeting Date: 09/14/2009  
DEC Development Agreement
Submitted By: Anthony Rodgers
Department: City Council  
Council Committee Review?:   
Date(s) of Committee Review:     
Audio-Visual Needs:    Emergency Legislation?:   
Motion/Ordinance/
Resolution No.:   

Information
Agenda Item Description or Legislation Title
A Resolution Authorizing the City Manager to Enter Into an Amended and Restated Development Agreement With DEC Land Co. I, LLC, and Declaring an Emergency.
(second reading)
Purpose and Background
This legislation and the attached agreement have been prepared and recommended by the City bond attorney, the Finance Director, the City Manager, and the City Attorney.  This agreement has also been approved by DEC, LLC. 

Fiscal Impact
Source of Funds:
Cost:
Recurring Cost? (Yes/No):
Funds Available in Current Budget? (Yes/No):
Financial Implications:
There are financial implications to this agenda item that have been outlined and discussed in Administration Committee Executive Session.
Attachments
Amended Legislation
Exhibit A

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