The City of Coppell
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File #: 2020-5193    Version: 1 Name: Northpoint Hotel Group - First Amendment to Civic Center Agreements for Aloft and Holiday Inn Express
Type: Resolution Status: Passed
File created: 7/6/2020 In control: City Council
On agenda: 7/14/2020 Final action: 7/14/2020
Title: Consider approval of two Resolutions for two First Amendment to Civic Center Agreements by and between the City of Coppell and Northpoint Hotel Group, LLC; and authorizing the Mayor to sign.
Attachments: 1. Northpoint Hotel Group - First Amendment Civic Center Agreement Memo.pdf, 2. Aloft - First Amendment to Civic Center Agreement - Resolution.pdf, 3. First Amendment to Civic Center Agreement-Northpoint Hotel Group - Aloft.pdf, 4. Holiday Inn - First Amendment to Civic Center Agreement - Resolution.pdf, 5. First Amendment - Northpoint Hotel Group - Holiday Inn.pdf

Title

Consider approval of two Resolutions for two First Amendment to Civic Center Agreements by and between the City of Coppell and Northpoint Hotel Group, LLC; and authorizing the Mayor to sign.

 

Summary

City Council approved two Civic Center Agreements with Northpoint Hotel Group, LLC on November 25, 2018.  This First Amendment to Civic Center Agreements extends the required deadlines for Commencement of Construction and Completion of Construction for the two hotels they are constructing. Those hotels are the Aloft Hotel and Holiday Inn Express. Due to COVID-19, their construction has been delayed, which is why the original dates are being extended.

 

Fiscal Impact:

N/A

 

Staff Recommendation:

Staff recommends approval.

 

Goal Icon:

 

Business Prosperity