AGENDA CAPTION:
Title
Consider approval of Resolution 2021-59R, approving a first amendment to the San Marcos Conference Center Side Agreement with JDHQ Hotels, LLC for the purpose of extending the date for JDHQ's completion of certain improvements under the Conference Center property improvement plan by two years; authorizing the City Manager, or his designee, to execute this amendment on behalf of the city; and declaring an effective date.
Body
Meeting date: March 16, 2021
Department: City Manager's Office
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Fiscal Note:
Prior Council Action: Resolution authorizing the City Manager to execute the San Marcos Conference Center Side Agreement with JDHQ Hotels LLC. (a subsidiary of Atrium Hospitality) - June 19, 2018.
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Background Information:
In June 2018, City Council authorized the City Manager to execute the San Marcos Conference Center Side Agreement with Atrium Hospitality (Atrium). This agreement outlined certain improvements to the Conference Center to be completed no later than December 31, 2021. Per the agreement, Atrium did complete the podium signage requirement to reflect the City's owner...
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