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RES 2014-10 Adopted RESOLUTION NO. 2014-10 A RESOLUTION AUTHORIZING THE CITY ADMINISTRATOR TO NEGOTIATE WITH A DEVELOPER OR DEVELOPERS RELATED TO AN ECONOMIC DEVELOPMENT OPPORTUNITY WITHIN THE CITY OF NORTH AUGUSTA CURRENTLY REFERRED TO AS "PROJECT SLUMBER." WHEREAS, the City has been approached by a developer or developers related to a possible project within the City of North Augusta that would constitute economic development within the City; and WHEREAS, the Mayor and City Council have determined that it is in the best interest of the City that the City pursue this matter further; and WHEREAS, in order to pursue said matter, based upon current discussions, the City is being requested to provide land and a parking garage for the development; and WHEREAS, the Mayor and City Council are of the belief that the requests are reasonable in conjunction with this economic development opportunity. NOW THEREFORE, BE IT RESOLVED by the Mayor and City Council of the City of North Augusta, South Carolina in meeting duly assembled and by the authority thereof, that the City Administrator is authorized to proceed with negotiations with the potential developer or developers of"Project Slumber" specifically involving the provision of the land for the development as well as a parking deck to accommodate same; and BE IT FURTHER RESOLVED that the City Administrator, following such negotiations, is to report the results of same to Mayor and City Council for possible further action by the City. DONE, RATIFIED AND ADOPTED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF NORTH AUGUSTA, SOUTH CAROLINA, ON THIS 21 s'" DAY OF APRIL, 2014. i I Lark W. Jones, Mayor ATTEST: g . Donna B. Young, City CI�rk , y