Section 107-545; Ord. 19187; Authorizing the City Manager to execute Amendment No. 1 to the development agreement with LOTE Development, Inc. relating to reconstruction of Ballenger Lane at the intersection of Aztec Boulevard (Route PP Safety Project)


Ordinance No. 19187                            Council Bill No. B 344-06

     AN ORDINANCE

authorizing the City Manager to execute Amendment No. 1 to the development agreement with LOTE Development, Inc. relating to reconstruction of Ballenger Lane at the intersection of Aztec Boulevard (Route PP Safety Project); and fixing the time when this ordinance shall become effective.

BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBIA, MISSOURI, AS FOLLOWS:

    SECTION 1.    The City Manager is hereby authorized to execute Amendment No. 1 to the development agreement with LOTE Development, Inc. relating to reconstruction of Ballenger Lane at the intersection of Aztec Boulevard (Route PP Safety Project).  The form and content of the agreement shall be substantially as set forth in "Exhibit A" attached hereto and made a part hereof as fully as if set forth herein verbatim.

    SECTION 2.    This ordinance shall be in full force and effect from and after its passage.

    PASSED this 5th day of September, 2006.