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.
- Where it stands
- Approved
- Type
- Development agreement
- Location
- Cotton Bottom property
Every hearing and vote
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.
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.