MEMORANDUM OF UNDERSTANDINGMemorandum of Understanding • April 13th, 2020 • Georgia
Contract Type FiledApril 13th, 2020 JurisdictionTHIS MEMORANDUM OF UNDERSTANDING (the “Agreement”) is entered into as of the effective date set forth below by and between the DOWNTOWN DEVELOPMENT AUTHORITY OF AVONDALE ESTATES (the “DDA”), a downtown development authority and public body corporate and politic duly created by the Downtown Development Authorities Law, O.C.G.A. Section 36-42-1, et seq., as amended (the “Act”) and activated by resolution of the governing body of the City of Avondale Estates, Georgia (the “City”), and KDP 3048, LLC, a Georgia limited liability company (the “Company”), each a “Party” and collectively the “Parties.”