City Council of Bossier City Minutes 2026-05-26
City Terminates Purchase Option With Chasing Aces
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Description
The Bossier City Council approved Ordinance No. 57 of 2026 authorizing the Mayor to terminate the Option to Purchase agreement with Chasing Aces Sports Entertainment, LLC. This action removes the City's purchase option so the developer can secure Small Business Administration financing.
Contract Details
Vendor
CHASING ACES SPORTS ENTERTAINMENT LLC
Agency
City of Bossier, LA
Contract Type
OTHER
Document Date
May 26, 2026
Renewal Info
Existing Option to Purchase dated December 22, 2023 is being terminated via an Act of Termination; no further renewal or extension will apply.
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