Enigma Named Backup Negotiator For 8901 N. 56th
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Description
Under Resolution 57(b)-26, Temple Terrace designated Enigma Events LLC as the backup negotiator for purchase and redevelopment of 8901 N. 56th Street. Staff is directed to seek an offer at the full asking price with strict timelines, performance penalties, and claw back provisions.
Contract Details
Vendor
ENIGMA EVENTS LLC
Agency
City of Temple Terrace, FL
Contract Type
OTHER
Document Date
June 2, 2026
Renewal Info
Backup negotiating authority activates only if negotiations with Fountain Square TT LLC for 8901 N. 56th Street are unsuccessful; Council directed inclusion of firm completion timelines, enforcement repercussions, and claw back of the property if obligations are not met, along with an increased offer to the asking price.
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