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File #: R2020-053    Version: 1 Name:
Type: resolution Status: Passed
File created: 10/27/2020 In control: City Council Meeting
On agenda: 11/4/2020 Final action: 11/4/2020
Title: Development Agreement: Home2 Suites Hotel
Attachments: 1. 1. RFCCA Development Agreement: Home2 Suites Hotel, 2. 2. RES Development Agreement: Home2 Suites Hotel, 3. 3. AGMT Development Agreement: Home2 Suites Hotel

Title

Development Agreement: Home2 Suites Hotel

 

Summary Recommendation

Approve a development agreement with Kesari Putra Hospitality LLC, owner and operator of the new Home2 Suites hotel, deferring water and sanitary sewer capacity charges for payment in three equal installments due January 1, 2021, January 1, 2022, and January 1, 2023. (City Attorney) (Richard W. Files)