0619-2025: To authorize the Director of the Department of Development to execute an amendment to the Neighborhood Structured Parking Incentive Contribution Agreement dated May 12, 2021 by and among the City, The Gravity Project 2, LLC, and its affiliates who are a party thereof to change the completion deadline for McDowell Place to align with the original intent under the Economic Development Agreement dated September 27, 2019 and to add 935 Cassady LLC as a party; to authorize the Director of the Department of Development to enter into and execute other documents pertinent to the disposition of the Gravity 2 project from the current owner(s) to new owner(s), to the extent applicable, including but not limited to, consenting to such transaction(s), certifying certain requirements met under current agreements described herein related to the Gravity 2 project for which the City is a party, and approving assignment and assumptions of such agreements; and to declare an emergency.
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