Item 7 — Thursday, October 22, 2026
Agenda PDF Legistar Official votes
Tentative City Action Notes. Vote tallies are not posted.
Sources: Oct. 22 Action Notes
In plain language — from agenda source text
Asks Council to authorize negotiating and executing a Place-Based Enhancement Affordable Space economic development agreement with Waverly North, LLC to provide and maintain no-cost nonprofit office space for housing stability services. The total amount would not exceed $864,210 over a 10-year term, with the $864,210 contingent upon future appropriations to the Economic Incentive Reserve Fund.
Current official agenda wording
Authorize negotiation and execution of a Place-Based Enhancement Affordable Space economic development agreement with Waverly North, LLC, to provide and maintain no-cost nonprofit office space for housing stability services, for a total amount not to exceed $864,210 over a 10-year term. Funding: $864,210 is contingent upon future appropriations to the Economic Incentive Reserve Fund.