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RESOLUTION NO. 8332
APPROVAL OF DEVELOPMENT AGREEMENT
BETWEEN THE CITY OF STILLWATER
AND MARK DESCH
WHEREAS, Mark and Gloria Desch are redeveloping an area into a vital
commercial area that produces jobs, tax base and is an enhancement to the
community by constructing an office building on the northeast corner of
Mulberry & Main St., and;
WHEREAS, this redevelopment would not take place, but for tax increment
assistance because of extraordinary expenses associated with the site.
NOW, THEREFORE, BE IT RESOLVED, that the Stillwater City Council hereby
approves the Development Agreement between the City and Mark and Gloria Desch
as it relates to this redevelopment, and authorizes the Mayor and City Clerk
to execute said agreement.
Adopted by Council this 7th day of August, 1990.
ATTEST:
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