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city_council_regular_session_minutes_december_19_2.pdf

Development Agreement Approved with DCI Properties LLC

City of MarionDCI PROPERTIES LLCDecember 19, 2024

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Description

Marion City Council approved a Development Agreement with DCI Properties, LLC, contingent upon property acquisition by January 16, 2025. Agreement authorizes tax increment payments for the project.

Contract Details

Vendor

DCI PROPERTIES LLC

Agency

City of Marion, AR

Contract Type

OTHER

Document Date

December 19, 2024

Contract Term

Agreement contingent on property acquisition by Jan 16, 2025

Renewal Date

2025-01-16

Renewal Info

First approval; agreement is contingent and will terminate if property is not acquired by January 16, 2025.

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