The Community and Economic Development Committee is meeting 07/14/2021 at 4:30PM.
They have one item on their agenda and that is “Request to amend the Development Agreement for the Zuelke Project located at 103 W. College Avenue in Tax Increment Financing District No. 11 and approve the associated Houdini Plaza Lease Agreement”.
In December, the city approved a development agreement with a developer regarding the Zuelke building in downtown Appleton. The developer plans to redo the building as a mix-use property with retail space on the first floor and apartments on floors 2-12.
Per the memo, “The Developer will build a patio facing Houdini Plaza, which will be accessible to the public, but the primary use will be by the tenants. The Houdini Plaza Lease Agreement for this patio area is attached to the Amended Development Agreement as Schedule 2. This area was previously vacated and conveyed to the Prior Developer for ingress and egress to planned underground parking. Now, the Developer plans to use the close and convenient City-owned parking structures. The Developer has agreed to re-convey the vacated area to the City and, in exchange and to enhance the overall development, the City will enter a long term lease with the Developer.”
Of note, the lease contract does included language regarding the display of political signs and states, “In addition, Tenant consents and agrees not to display signs including, but not limited to, establishment advertising signs, signs of a political nature (whether supporting, against or otherwise taking a position regarding an elective office, candidate, incumbent or issue being considered by an elective body or referendum) or the like shall be displayed on the side of Tenant’s Property facing Houdini Plaza with the exception of the establishment names appearing on canopies installed by Tenant.” This is in keeping with the Common Council’s recent decision to attempt to contractually prevent lessees of city owned property from displaying political signs on that property.
View full meeting details here: https://cityofappleton.legistar.com/MeetingDetail.aspx?ID=867064&GUID=B11DA462-6334-4325-8D28-56AF9EC2F50B&Options=info|&Search=
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