SUBJECT: DEPOT DEVELOPMENT AGREEMENT BACKGROUND:Depot Development Agreement • November 9th, 2017
Following the City Council meeting of October 24, the Depot Development Agreement was updated with the direction given by the City Council. The agreement allows the owner of the Depot property, Merry Bee Properties, LLC, to use 100 of the 198 spaces for tenant and other private use while retaining 98 spaces for public use. These spaces will be reserved for public use for 50 years following approval of the agreement.
