Approval/Authorization of a Bond Resolution providing for the issuance by the Urban Redevelopment Agency of Gwinnett County, Georgia of its Revenue Bonds (Gwinnett Place Mall Phase II Project), Federally Taxable Series 2024, for the purpose of financing the costs of acquiring an urban redevelopment project consisting of the acquisition of (1) approximately 16.21 acres of land, together with the improvements and personal property thereon, including the building thereon consisting of approximately 244,451 square feet currently known as the Macy’s Store, located at 2100 Pleasant Hill Road, Suite 2318, Duluth, Georgia 30096 in the County and (2) approximately 6.90 acres of land, together with the improvements and personal property thereon, including the building thereon consisting of approximately 50,770 square feet currently known as the Macy’s Furniture Store, located at 3360 Venture Parkway NW, Duluth, Georgia 30096 in the County; to provide terms, provisions, and conditions for the issuance of its Revenue Bonds (Gwinnett Place Mall Phase II Project), Federally Taxable Series 2024; to provide for the creation of certain funds; to provide for the creation of remedies of the owners of the bonds issued hereunder; authorizing the execution and delivery of an agreement of purchase and sale and a lease relating to such Macy’s store and Macy’s furniture store; and for other related purposes. Subject to approval as to form by the Law Department.
