Meeting Time: June 17, 2025 at 6:00pm PDT
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Agenda Item

D.3 25-306 Conduct a Public Hearing for the S. Main Street Widening and Improvements Area of Benefit formation and adopt a resolution approving the Engineer's Report for the S. Main Street Widening and Improvements Area of Benefit, forming the S. Main Street Widening and Improvements Area of Benefit District; approving the Improvement Agreement for the Marketplace @ Main (Offsite) Improvements; approving the use of Development Agreement fees in the amount of $1,017,691.00 and a contingency not-to-exceed $101,769.10 (10%), for a total amount of $1,119,460.10 to fund the unfunded portion of the Marketplace @ Main (Offsite) Improvements; authorizing the City Manager or designee to execute all associated documents and take all appropriate actions necessary to carry out the purpose and intent of this resolution.