ORD 36289 - Amendment to 710 South 20th St redevelopment and TIF loan agmt d 1
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{ OtAHA,it',, RECEIVED
Planning Department
-•=o�1ah"t Omaha/Douglas Civic Center
aij( te 03 M flY -9 n 9: 20 1819 Farnam Street,Suite 1100
r<d ci s; Omaha,Nebraska 68183 0002
tt ro• (402)444-5200
oA�rFo FesR°��y 4CLERK (402)444-5150
Telefax(402)444-6140
City of Omaha
',‘",HA, h,,,RASh
Robert C.Peters
Mike Fahey,Mayor May 20, 2003 Director
Honorable President
and Members of the City Council, ,
The attached proposed Amendment is being submitted for your review and approval. The
Amendment changes the legal description in the Redevelopment Agreement between the City
and 710 South 20th Street, L.L.C., approved by the City Council on April 9, 2002 under
Ordinance No. 35924.
This Amendment changes the legal description to remove a portion which is now owned by the
Omaha Public Schools. All other conditions approved by Ordinance No. 35924, dated April 9,
2002, will remain in full force and effect.
Respectfully submitted, Referred to City Co cil for Consideration
/-L.'"7 5. Z •03 ' 'P7
Robert C. Peters/9- Date Mayor's Of ce Date
Planning Director
Approved: Approved:
a4:44...:,--) ...34-4
Stanley P.),A72/T. m Date onnac/IL
n Date
Finance Director Acting Public Works Director
Approved:
V -5--‘-05
Reginald L. You Date
Human Relations Direc
`l':\P1n5\13231maf.doc
ORDINANCE NO. c64.2SY
AN ORDINANCE approving an amendment to the redevelopment and tax increment financing
loan agreement with the 710 South 20th Street, Limited Liability Company, 1025
Leavenworth Street, Omaha, Nebraska 68102 approved by the City Council on April 9,
2002 under Ordinance Number 35924, and providing for an effective date.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF OMAHA:
Section 1. The Mayor is hereby authorized to execute, and the City Clerk to attest, the
attached Amended Redevelopment Agreement with 710 South 20th Street, L.L.C. that authorizes
a change in the legal description to remove a portion which is now owned by the Omaha Public
Schools, that is, Lot 1 Liberty Addition. The Ordinance authorizes the replacement of Exhibit
"B" of the original agreement in its entirety with a new Exhibit `B" as attached. The amendment
changes the legal description of the 710 South 20th Street LLC Redevelopment Area to Lots 2
and 3, Liberty Addition. All other terms and conditions remain in full force and effect.
Section 2. Said Redevelopment Agreement contains obligations undertaken pursuant to
the Nebraska Community Development Law and Sections 18-2147 through 18-2150; and are not
otherwise obligations of the City of Omaha.
Section 3. This Ordinance shall be in full force and take effect immediately from and
-,1,'.
after the date of its passage.
INTRO D BY C CILl ER
APPROVED BY:
d ,_,
MAYOR OF THE CITY F OMAHA DAT
PASSED JUN 1 0 2003 7-0
ATTEST:
_A
I: `
CI CLERK OF T E.C>TY OF OMAHA DATE
APPROV 4 ' S TO e` .•
CITY AT i RNEY DATE
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AMENDED REDEVELOPMENT AGREEMENT
THIS AMENDMENT amends the original Redevelopment Agreement approved by the
City Council on April 9, 2002 by Ordinance No. 35924, between the City of Omaha, a Nebraska
Municipal Corporation in Douglas County, Nebraska, and 710 South 20th Street, Limited
Liability Company., Inc., a Nebraska Corporation.
RECITALS:
WHEREAS, the 710 South 20th Street Redevelopment Area has been replated to be Lots
1-3 Liberty Addition; and,
WHEREAS, Lot 1 Liberty Addition is now owned by the Omaha Public Schools; and,
WHEREAS, on February 25, 2003, the City Council of the City of Omaha approved the
Amendment to the 710 South 20th Street L.L.C. Redevelopment Plan that authorizes a change in
the legal description of the Tax Increment Financing project area to remove that portion now
owned by the Omaha Public Schools; and,
WHEREAS, this Amended Redevelopment Agreement is a redevelopment agreement
prepared pursuant to the Nebraska Community Development Law in order to implement the
above-referenced Redevelopment Plan.
IN CONSIDERATION OF THESE MUTUAL COVENANTS THE PARTIES AGREE
AS FOLLOWS:
Exhibit `B" of the original Redevelopment Agreement shall be deleted in its entirety and
the attached Exhibit `B" shall be substituted in its place and stead, so that the Legal Description
of the 710 South 20th Street Redevelopment Area is changed to Lots 2 and 3, Liberty Addition.
The remainder of the original Redevelopment Agreement approved by the City Council
on April 9, 2002 by Ordinance No. 35924 shall remain the same and shall be in full force and
effect.
Executed this / ay of ��_ , 20 423.
ATTEST: CITY OF OMAHA:
•
1
/' 4
CI LERK OFT E CITY OF OMAHA MAYOR OF THE CIT OF OMAHA
'Executed this ki/ day of f l, , 20 03.
DEVELOPER:
710 SOUTH 20TH STREET, L.L.C.
By
Tammy Barret ember
ED AS TO FO .
CITY ATTO
STATE OF NEBRASKA )
)ss.
COUNTY OF DOUGLAS ) r,n
The foregoing Redevelopment Agreement was acknowledged before me this day of
, 20 03 by Tammy Barrett, Member of 710 South 20 Street,
L.L.C., on behalf of said corporation.
A GENERAL NOTARY-State of Nebraska • .V e4 L
III JULIE A.STAVNEAK No r Public, State of Nebraska
'' ' My Comm.Exp. Sept.8,2003
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- - "NOTICE TO PUBLIC' - - THE DAILY RECORD
The reW ing Ordinance,has been set for' OF OMAHA
City Counietl hearing on�June:3,2003�rat
2:00. •oclock Ol'in `/in—the Legislative
Chambers Omati Douglas Chile Center,'
9819 Farnam""St`reet, at which hearing aql RONALD A. HENNINGSEN, Publisher
persons inteiesiedNma berh`eard'' '-`"``n PROOF OF PUBLICATION
AN ,.OHDINANCEpFovingc `an�
amendment to the:redevelopment 'andditax
increment financing loan'lag`re mom`iff."wiffi`'
'*' it "`* `' ty. UNITED STATES OF AMERICA,
the 710 Sduth 20th Street, Limited Uabili `
Company, 1025 Leavenwoiiti4`""Stieet The State of Nebraska,
Omaha, Nebraska 68102 approved"by'theI SS.
City Council on 'April 9, 2002 under District of Nebraska,
Ordinance Number 35924`and providing for Countyof Douglas,
an effective date.'.: - Ou g
(to change legal description to remove a City of Omaha,
portion now owned by Omaha Public
Schools)
BUSTER BROWN, LYNDA K.HENNINGSEN
' City Clerk -
5-23-03, being duly sworn,deposes and says that she is
ASSOCIATE PUBLISHER
of THE DAILY RECORD, of Omaha, a legal newspaper, printed and
published daily in the English language, having a bona fide paid
circulation in Douglas County in excess of 300 copies, printed in
Omaha,in said County of Douglas,for more than fifty-two weeks last
past; that the printed notice hereto attached was published in THE
DAILY RECORD,of Omaha,on
May 23, 2003
Th. .„-:'`:` ,.,� aper during that time was regularly published and
t �c'�• �r �Ill;, in the Co of Dou 1 State of Nebraska.
,
4g.Q;:•GENERAi..F•Q 11
\ I4 u ribed in my presence and sw rn to before
�� Y ,i0 23rd
i ilislfeit s FeeJJO�$ W 1 me this day of
EXPIRES May 03
g•dd 4 ional Copies�$� .% y 20
` �T'9l qoo / I O Notaryi las
FOF NEB`- _' County,
`�;� „I...a State of Nebraska
-NOTICE TO PUBLIC THE DAILY RECORD
ORDINANCE NO.3.6�2t 11J.
89 OF OMAHA
A U A
AN ORDINANCE eying an
amendment to the redevelopment and tax
increment financing loan agrere.Ment with RONALD A. HENNINGSEN, Publisher
the 710 South 20th Street, Limited Liability PROOF OF PUBLICATION
Company, 1025 Leavenworth Street,
Omaha, Nebraska 68102;approved by the
Ciiy Council 'on•-':Ap0t 9,, 2002 under
Ordinance Number-3 9.24 and providing for UNITED STATES OF AMERICA,
an effective .ate
9,0r•i
[o' sonpt•dfilb remove a The State of Nebraska,
�n n . •1..••- aha Public District of Nebraska,
sob°portio, „ uT�
s.
su l�_A tk�,,r ,Q County of Douglas,
�/�•'� ...D.,'_ANCE« approving . an Cityof Omaha,
am"BTitlmerttili..11lhe0develd ent. and tax
incfer4)antf ff a.Tf�i�E�i?'nvioan.;agreement with
the 710 Soutfi hStree,'Limited Liability LYNDA K. HENNINGSEN
Company, -,1025 Leavenworth Street,
Omaha, Nebraska 68102 approved by the
City Council on April 9, 2002 under being duly sworn,deposes and says that she is
Ordinance Number 35924 and providing for
an effective date. ASSOCIATE PUBLISHER
(to change,legal.description to remove a
portion now owned by Omaha Public of THE DAILY RECORD, of Omaha, a legal newspaper, printed and
PASSED) published dailyin the English language, havinga bona fide paid
PASSEO:ynlune 10,2003, 7-0 p g
APPROVED f3Y: , circulation in Douglas County in excess of 300 copies, printed in
MIKE OF THE .� Omaha, County Douglas, than y"
6/12/03
MAYORR OF in said of D l for more fifty-two weeks last
CITY OF OMAHA past; that the printed notice hereto attached was published in THE
BUSTER BROWN,
City Clerk DAILY RECORD,of Omaha on
6-19-03 June 1q, 2003
That; aiwspaper during that time was regularly published and
m a eta c rgphi ioqi the County f Douglas d tate of Nebraska•
i
u sc din my presence and swo before
�'u•fisher's Fee ''.$ 2�3 9.' me this 19th .ay of
/ June 03
•dditinal Copies 4 i 0
1
A 20�.• Q
,+N, OF g = Notary Pub 'c n .. d fo ►t o _ .- ounty,
1Ny�������- .-e of Ne: as a