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� � i <br /> ► <br /> � <br /> � <br /> LEGAL DEPARTMENT MEMORANDUM <br /> No. 93-4 <br /> January 27 , 1993 <br /> T0: Honorable Mayor and City Council Members <br /> FROM: James C. Ba�, Jr. , City Manager 'I <br /> John W. Couter, Corporation Counsel i, <br /> RE: Incubator - EDA Reimbursement <br /> The grant that the City received from the Economic <br /> Development Administration (EDA) , for renovation of the City' s <br /> Incubator facility, requires the submission of specific <br /> documentation prior to reimbursement. The Council agenda <br /> contains a resolution authorizing the required Engineering <br /> Services Agreement with WVP Corporation, with mandatory <br /> arbitration language, and an EDA-required Mortgage Agreement. <br /> Both agreements are necessary under the City' s grant. <br /> Staff recommends approval of this resolution. <br /> JWC:pm <br />