May 28, 2019Asheville City Council
From the minutes, not yet reviewedWhat it does
Resolution an amendment to the Economic Development Agreement and purchase Option Agreements for White Labs located at 172 and 174 s. Charlotte Street, Asheville…
- Passed with the routine items, in one vote, without discussion.
More from the minutes
- “The existing terms of the option state that White Labs has the exclusive option to purchase the adjacent 1.67 acre City-owned parcel for 80% of the fair market value if substantial additional improvements and jobs are committed to by White Labs, or for fair market value if no additional economic benefits are committed.”
Carried unanimously, as part of the consent agenda
From the minutes: This motion was seconded by Councilman Kapoor and carried unanimously.
Read the motion as recorded
“RESOLUTION NO. 19-123 - RESOLUTION AN AMENDMENT TO THE ECONOMIC DEVELOPMENT AGREEMENT AND PURCHASE OPTION AGREEMENTS FOR WHITE LABS LOCATED AT 172 AND 174 S. CHARLOTTE STREET, ASHEVILLE N.C.”
Open the minutesConsent agenda, item C