FAQs: Frequently Asked Questions
What does the 9th Amendment to the Redevelopment Agreement do?
The 9th Amendment, if approved by the City Council, would do four major things:
- Increases the Public Financing "Cap" for the South Phase of the project;
- Changes the deadlines for the South Phase of the project;
- Proposed the creation of a new additional 0.9% Community Improvement District (CID) on the Club property only; and
- Agrees to release the South Phase land to the developer prior to completion of the Club Phase of the project.