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File #: 980929    Version: Name: Union Street Station (B)
Type: Staff Recommendation Status: Passed
File created: 12/16/1998 In control: Community Redevelopment Agency
On agenda: Final action: 1/11/1999
Title: Union Street Station - Consent to Assignment of Development Agreement - Legislative Item Number 980929
Attachments: 1. 980929_a Union Street Station - Consent to Assignment of Development Agreement_19981214, 2. 980929_b Union Street Station - Consent to Assignment of Development Agreement_19981214, 3. 980929_c Union Street Station - Consent to Assignment of Development Agreement_19981214, 4. 980929_Consent _19981214, 5. 980929_Consent to Assignment of Development Agreement_19981214
Title Union Street Station - Consent to Assignment of Development Agreement - Legislative Item Number 980929 Explanation First Union Bank will be providing financing to the developer for the Union Street Station project. As a condition of the financing the bank has requested that the developer assign its rights under the development agreement with the CRA and the City of Gainesville to the bank. On December 21, 1998, the CRA approved a motion consenting to the assignment as requested. Fiscal Note None Recommendation Consent to the assignment of the Development Agreement for Union Street Station to First Union Bank.



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