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[COMMITTEE SUBSTITUTE FOR]ORDINANCE NO. 250669
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Sponsor: Mayor Pro Tem Ryana Parks-Shaw
COMMITTEE SUBSTITUTE
Authorizing the City Manager to negotiate and execute the necessary agreements with Swope Health Services or an affiliated entity for the purpose of site preparation and development activities in connection with the Swope Health Village Development, including the property located at 5900 Swope Parkway; authorizing the City Manager to expend up to $4,000,000.00 from previously appropriated funds in the Health Levy Fund; and waiving Code ? 74-12 for the Swope Health Village Development Project.
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WHEREAS, Committee Substitute for Ordinance No. 240455 previously authorized the City Manager to negotiate and execute a development agreement with Swope Health Services or an affiliated entity for the property located at 5900 Swope Parkway ("City Property"), appropriated $5,000,000.00 from the Unappropriated Fund Balance of the Health Levy Fund as a contribution toward redevelopment of the site, and designated the City Manager as the requisitioning authority for that appropriation; and
WHEREAS, the City and Swope Health Services entered into an agreement on September 18, 2025, granting Swope Health Services an option to purchase the City Property subject conditions and authorizing Swope Health Services to conduct various pre-development activities thereon; and
WHEREAS, Swope Health Services will be incorporating the City Property into a larger development referred to as the Swope Health Village Development Project; and
WHEREAS, on April 13, 2023, Council approved Ordinance 230316, enacting Code ?74-12, which provides default construction timelines for incentivized projects; and
WHEREAS, under Code ? 74-12, an incentivized development must be substantially complete within five years of the date of the incentive approval date; and
WHEREAS, the Swope Health Village De...
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