Section 107-723; Ord. 19307; Authorizing the Crosscreek Center development agreement with Stadium63 Properties relating to the construction of and payment for transportation improvements including the extension of Lemone Industrial Boulevard and Stadium Boulevard


Ordinance No. 19307                            Council Bill No. B 464-06

     AN ORDINANCE

authorizing the City Manager to execute the Crosscreek Center development agreement with Stadium63 Properties, L.L.C. relating to the construction of and payment for transportation improvements including the extension of Lemone Industrial Boulevard and Stadium Boulevard and public roadway and access improvements on property located on both sides of Stadium Boulevard east of U.S. Highway 63; directing the City Clerk to have the development agreement recorded; 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 the Crosscreek Center development agreement with Stadium63 Properties, L.L.C. relating to the construction of and payment for transportation improvements including the extension of Lemone Industrial Boulevard and Stadium Boulevard and public roadway and access improvements on property located on both sides of Stadium Boulevard east of U.S. Highway 63.  The form and content of the agreement shall be substantially as set forth in "Attachment A" attached hereto and made a part hereof as fully as if set forth herein verbatim.

    SECTION 2.    The City Clerk is authorized and directed to have a certified copy of the development agreement recorded in the office of the Boone County Recorder of Deeds.

    SECTION 3.    This ordinance shall be in full force and effect from and after its passage.

    PASSED this 20th day of November, 2006.