Title
Resolution to Approve the Letter of Understanding between the City and the Downtown Development Authority of Ann Arbor (DDA) to Cancel the Joint Working Session Required by the Parking Agreement between the City and the DDA, dated July 1, 2011, as Amended
Memorandum
Section 9(b) of the Parking Agreement between the City and DDA, dated July 1, 2011, as amended ("Parking Agreement") requires that the parties hold an annual Joint Working Session. The City and the DDA ("Parties") wish to cancel said Joint Working Session for 2022 and to execute a letter of understanding to effectuate the agreement. The Parties further agree to permit the City Administrator to act as a liaison in his capacity as DDA Board member to facilitate communication between City Council and the DDA on any matters that would normally be addressed during the Joint Working Session, including discussion of parking rates. The Parties may later enter into a formal amendment to the Parking Agreement to address any outstanding issues, including the removal of the requirement to hold annual Joint Working Sessions.
Budget/Fiscal Impact: There is no cost associated with this agreement and therefore no impact on the City's budget.
Staff
Prepared by: Michelle Landis, Senior Assistant City Attorney
Reviewed by: Milton Dohoney Jr., City Administrator
Approved by: Milton Dohoney Jr., City Administrator
Body
Whereas, Section 9(b) of the Parking Agreement between the City and DDA, dated July 1, 2011, as amended ("Parking Agreement") requires that the parties hold an annual Joint Working Session;
Whereas, The City and the DDA ("Parties") wish to cancel said Joint Working Session for 2022 and execute a letter of understanding to effectuate the agreement;
Whereas, The Parties further agree to permit the City Administrator to act as a liaison in his capacity as DDA Board member to facilitate communication between city council and the DDA on any matters that would normally be addressed during the...
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