Bill Type and Number: Ordinance 2007-474

Sponsor: LUZ Committee

Date of Introduction: April 24, 2007

Committee(s) of Reference: LUZ

Date of Analysis: April 27, 2007

Type of Action: Approval of development agreement

Bill Summary: The bill approves a development agreement between the City and Putnal Investments, LLC and Willis L. Maloy, Jr. for development of a project known as “New Berlin Center” on 6.15 acres at 735 to 809 New Berlin road in Council District 11.

NOTE: The specific concurrency capacity being reserved was not on file with the Legislative Services Division at the time this bill summary was produced.

Background Information: The New Berlin Center is proposed to be a 16,021 sq. ft. shopping center and 5,000 sq. ft. of office space

Policy Impact Area: Concurrency capacity reservation

Fiscal Impact: Undetermined

Analyst: Clements