Developer Interest. The Developer represents and warrants to the Council that on the date of this agreement it is the registered proprietor of the Land.
Developer Interest. Note that if the Developer is not the Landowner, the Landowner should be a party to the agreement. The [Developer / Landowner] represents and warrants to the Council that on the date of this agreement it is the registered proprietor of the Land.
Developer Interest. Since 1984, the City’s intent for the property has been for private, taxpaying redevelopment that meets a community need or market deficiency. Through MRA, the City has issued seven requests for proposals efforts for the various parcel configurations at the Fox Site. Over that time, literally dozens of private developers have tried to put together projects for the site that both made financial sense for themselves and met the City’s design goals for the downtown riverfront and general hopes that the development would help address a community need in Missoula at the time. The ideas have been far-ranging and creative including a giant Xxxxxx wheel, rest homes and assisted living for seniors to hotel complexes, a fully “off the grid” brewery using onsite chicken residue for power, office complexes, and public uses such as a performing arts center. Not including the performing arts proposal which ended up as a different kind of process, three potential developers (including the current Hotel Fox proposal) responding to RFPs have been granted the right to negotiate a development agreement for the site. Each of the previous ideas evaporated due to the interrelated issues laid out above: not meeting City goals that were stated in Requests for Proposals, problems in obtaining project financing, or the high cost of developing at that particular site due to many obstacles such as poor access and requirement for underground structured parking.
Developer Interest. (a) The Developer represents and warrants to the Council that as of 28 February 2023, it was the registered proprietor of the Land, excluding:
Developer Interest. Nothing contained herein grants or is intended to grant Developer a titled interest to the Facility, or in any way to impair the Tribe's sole proprietary interest in the Facility.
