"Eco Mesa" Streaming Video Upload > VERY SPECIAL Remote ZOOM Mesa City Council Meeting - 10/22/2020

City Manager Chris Brady really wants to make this questionable deal, calling on Jeff McVay, Director of Downtown Transformation, to do his job to make the presentation to get approval from the seven members of the city council.

McVey starts off choking on his words from a prepared script, noting that $30M has been deposited in an Escrow Account to qualify for getting included in that Opportunity Zone Program for distressed areas.

Here are the Meeting Details to look at ahead of time:

File #:

20-1003

Type:

Resolution

Status:

Agenda Ready

In control:

City Council

On agenda:

10/22/2020

Title:

Approving and authorizing the City Manager to enter into a Government Property Lease Excise Tax (GPLET) Lease Agreement, and related agreements and documents, to lease to EV Development, LLC, approximately 0.9± acres of property generally located at the southeast corner of Pepper Place and Robson after EV Development, LLC, redevelops the property into a mixed-use project, consisting of a seven-story building with commercial, market-rate residential units and a parking garage in accordance with the previously approved Development Agreement and related agreements and documents for the project. In accordance with the lease, the property will be reconveyed to EV Development, LLC after the lease term. The redevelopment and lease of the property will generate significant economic benefits to the City of Mesa. (District 4)

Attachments:

1. Presentation Summary Slides, 2. Council Report, 3. Exhibit A to Council Report - Economic Impact June 2020 and Addendum, 4. Resolution, 5. GPLET Lease Agreement

Let's first go back in time to see what the site looked like in an aerial view of Downtown Mesa circa 1936