City Moves to Terminate River Landing Agreement
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Description
The Finance Committee instructed staff to move forward with terminating the City’s Development Agreement with River Landing Developers LLC and to repurchase the associated property in accordance with the agreement. This action begins unwinding the TID No. 22 development arrangement, with specific buyback terms governed by the existing contract.
Contract Details
Vendor
RIVER LANDING DEVELOPERS LLC
Agency
City of Manitowoc, WI
Contract Type
FACILITIES
Document Date
November 4, 2025
Renewal Info
Direction given to terminate the existing TID No. 22 Development Agreement and execute a property repurchase per contractual terms; subsequent council and contractual actions will finalize the termination.
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