Legislation Details

File #: 10-0205    Version: 1 Name:
Type: Ordinance Status: Passed
File created: 11/1/2010 In control: City Council
On agenda: 12/13/2010 Final action: 12/13/2010
Title: An ordinance authorizing the City of Rock Hill, South Carolina (“City”) to cause the Rock Hill Cycling Facilities Corporation (“Corporation”), a South Carolina nonprofit corporation, to be organized; authorizing the issuance of certain obligations by the Corporation on behalf of the City; authorizing the designation of certain of the obligations as Recovery Zone Economic Development Bonds under the American Recovery and Reinvestment Act of 2009; authorizing the City to purchase or otherwise acquire certain real property; authorizing the City to enter into a Base Lease, Cycling Facilities Lease Agreement, Development Agreement, Project Management Agreement and Cycling Facilities Management Agreement with the Corporation to facilitate the acquisition, construction, installation, equipping, operation and use of certain cycling facilities located within the City; authorizing the assignment of certain contracts relating to the construction of the cycling facilities to the Corporation; autho...
Attachments: 1. Cycling Center Ordinance.pdf

Title

An ordinance authorizing the City of Rock Hill, South Carolina (“City”) to cause the Rock Hill Cycling Facilities Corporation (“Corporation”), a South Carolina nonprofit corporation, to be organized; authorizing the issuance of certain obligations by the Corporation on behalf of the City; authorizing the designation of certain of the obligations as Recovery Zone Economic Development Bonds under the American Recovery and Reinvestment Act of 2009; authorizing the City to purchase or otherwise acquire certain real property; authorizing the City to enter into a Base Lease, Cycling Facilities Lease Agreement, Development Agreement, Project Management Agreement and Cycling Facilities Management Agreement with the Corporation to facilitate the acquisition, construction, installation, equipping, operation and use of certain cycling facilities located within the City; authorizing the assignment of certain contracts relating to the construction of the cycling facilities to the Corporation; authorizing the execution and delivery of various documents relating thereto; authorizing the Mayor and the City Manager to approve and enter into necessary agreements and to determine certain matters; and other matters relating to the foregoing. 

Body

Since first reading, several minor changes have been made to this ordinance and the following Exhibits to the Ordinance are now complete and attached:  Exhibit A Location of Cycling Facilities; Exhibit B Survey; Exhibit C Organizational Documents of the Corporation; Exhibit D Form of Base Lease; Exhibit E Form of Cycling Facilities Lease Agreement; Exhibit F Form of Development Agreement; Exhibit G Form of Project Management Agreement; and Exhibit H Form of Cycling Facilities Management Agreement.