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Title:
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RESOLUTION - NO. R-26-271 - BY: COUNCILMEMBERS HARRIS AND WILLARD
Brief:
Approving after the recommendation of the City of New Orleans Office of Economic Development, a PILOT term sheet agreement, Exhibit C, for the property located at 1480 Tchoupitoulas Street to be constructed and outfitted by RDNI Batture, LLC; PCH RDNI Batture GP, LLC; and Providence Community Housing, subject to the following modification: on page 2 of the term sheet agreement, paragraph (c), “[…] an annual administrative fee in the amount of $5,000., increasing three percent per year.”, as authorized under Act 212 of the 2023 Regular Legislative Session.
Annotation:
(This matter was introduced on 7/9/26).
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