Title
Approving the First Amendment to the Chapter 380 Economic Development Agreement for Project Morpheus between the City and Village Pflugerville Holdings, L.L.C. and authorizing the City Manager to execute same.
Summary
This item has been included on the agenda to allow for discussion and action on the item. The proposed amendment would allow for a three-month extension to the construction start date and a three-month extension to the completion date. The proposed amendment is attached and has been approved as to form by the City Attorney.
Prior City Council Action
The economic development agreement was approved and became effective on June 2, 2014.
Deadline for Action
There is no deadline for action on the item.
Fiscal Impact
N/A
Staff Recommendation
Approve.
Drafter
Brandon Wade
City Manager