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File #: 2022-324    Version: 1 Name:
Type: Miscellaneous Item Status: Approved
File created: 7/13/2022 In control: City Council
On agenda: 7/14/2022 Final action: 7/18/2022
Title: Public Hearing - Performance Based Incentives - Wythe Advantage, Inc. dba as Coldwell Banker Advantage - The Bedrock 275 N. Elm Street City Council is requested to authorize performance-based incentives for an office project at The Bedrock (275 N. Elm Street) in the amount of $350,389 and authorize the City Manager to execute a performance agreement with the company containing benchmarks for the company to achieve and a schedule for the payment of such financial incentives.
Attachments: 1. 13. Public Hearing – Performance Based Incentives - Wythe Advantage, Inc. dba as Coldwell Banker Advantage - The Bedrock 275 N. Elm Street

Title

Public Hearing - Performance Based Incentives - Wythe Advantage, Inc. dba as Coldwell Banker Advantage - The Bedrock 275 N. Elm Street

City Council is requested to authorize performance-based incentives for an office project at The Bedrock (275 N. Elm Street) in the amount of $350,389 and authorize the City Manager to execute a performance agreement with the company containing benchmarks for the company to achieve and a schedule for the payment of such financial incentives.

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