Cotton Bottom Inn property agreements
On May 16, 2024 the council approved Addendum 5 with BarX Group, requiring a final site plan by December 31, 2024, and a license and encroachment agreement with Cotton Bottom Properties, LLC.
Approved
- Type
- Development agreement
- Location
- Cotton Bottom property
- City Council: Resolution 2024-18: Agreement with BarX Group on the Cotton Bottom Inn property (Addendum 5)
- City Council: Resolution 2024-19: License and encroachment agreement with Cotton Bottom Properties, LLC
- City Council: Addendum #5 to the Cotton Bottom agreement
In brief
Cotton Bottom Inn property agreements appears on 2 recorded agendas, from the City Council meeting of July 16, 2020 to the City Council meeting of May 16, 2024.
On record, it was approved 3 times.
The most recent decision was approved (6-0) at the City Council meeting of May 16, 2024.
Follow the money and project delivery
Cotton Bottom Inn property agreements
- Council action
Approved: Resolution 2024-18: Agreement with BarX Group on the Cotton Bottom Inn property (Addendum 5) · Approved minutes Record → · May 16, 2024
- Money in the record
payment: $60,000 — Light pole reimbursement cap under Addendum 5 Record → · May 16, 2024
- Signed agreement and payments
Execution and project-level disbursements are not verified by this tracker. They require separate records; meeting approval alone does not establish either.
- Work and operating costs
Check the linked records for completion and recurring operating costs; this tracker does not verify them. Record →
Every hearing and vote
May 16, 2024 · City Council
Resolution 2024-18: Agreement with BarX Group on the Cotton Bottom Inn property (Addendum 5)
Approved · 6-0
Addendum 5 requires a final site plan by December 31, 2024. Light pole reimbursement is capped at $60,000, and about 13,000 square feet of property is returned to the city.
May 16, 2024 · City Council
Resolution 2024-19: License and encroachment agreement with Cotton Bottom Properties, LLC
Approved · 6-0
Covers city-owned property adjacent to the Cotton Bottom Inn and the right-of-way.
July 16, 2020 · City Council
Addendum #5 to the Cotton Bottom agreement
Approved · 6-0
The closing date was extended through the end of July and an exhibit was revised to clarify the applicant's short-term actions after the mayor and Council Member Quinn walked the property with the developers. The mayor raised concerns about purchase and sale agreement language on open-market sales and the city's repurchase rights.