Title
Discuss and consider action regarding a lease agreement between the Pflugerville Community Development Corporation (PCDC) and 130 Commerce Center L.L.C. for a portion of a proposed light industrial building located in the Renewable Energy Park Subdivision, Lot 4 locally known as 3813 Helios Way.
Summary
An executive summary has been provided by Floyd Akers, PCDC Director and is attached. The proposed agreement is also attached. The agreement has been approved as to form by the City Attorney.
The City Council approved a Special District in October 2011. The site development permit was issued in July 2012, and is valid for two years . No building permit applications have been submitted as of now.
Deadline for City Council Action
None stated.
Projected Future City Council Action
N/A
Fiscal Impact
No fiscal impact to the city budget.
Staff Recommendation
The PCDC Board of Directors is scheduled to discuss and consider this item on October 4, 2012, following a public hearing on the same date. Discuss and take action as appropriate.
Drafter
Trey Fletcher
Assistant City Manager