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B. New Business  
City Council Meeting Agenda City Manager  
Meeting Date: 12/10/2012  
Due Diligence - Music Center
Submitted By: Tracy Mahaffey
Department: City Manager  
Council Committee Review?:    None
Date(s) of Committee Review:    12/04/2012  
Audio-Visual Needs:    None
Emergency Legislation?:    Yes
Resolution No.:   

Agenda Item Description or Legislation Title

A Resolution Authorizing The City Manager To Proceed With The Due Diligence Necessary To Be Able To Proceed With Owning And Constructing A Music Center In The Heights Development And Authorizing The Expenditure Of A Not To Exceed Amount Of $100,000.00 To Perform The Due Diligence, And Declaring An Emergency.  
(first reading)

City Council Recess 

Purpose and Background
This legislation would allow the City Manager to proceed with the due diligence necessary to be able to proceed with owning, constructing, and operating a music center at The Heights development.  

Fiscal Impact
Source of Funds: Montgomery Co. TIF Funds
Cost: $100,000
Recurring Cost? (Yes/No): No
Funds Available in Current Budget? (Yes/No): No
Financial Implications:

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