Title
Assignment of Agreement with Backyard Come as You Are
Requested Action
Assign reimbursement of actual expenses to Mansfield Community Bank
Recommendation
Approve assignment
Description/History
In April 2016, the MEDC Board, Parks Facilities Board and City Council entered into agreements with Backyard Come as You Are to reimburse certain costs incurred in the construction of the restaurant complex in Historic Mansfield. The principal has requested that assignments of the agreements to Mansfield Community Bank be approved.
Justification
Funding Source
Prepared By
Scott Welmaker, Mansfield Economic Development Corp.