Termination of City Center Redevelopment Agreement
Summary
The council formally ended the redevelopment agreement with PSL City Center LLC and DeGuardiola Properties, closing out the long-stalled City Center deal between the city and its CRA.
At a glance
- Total mentions
- 3
- Last 30 days
- 0
Last discussed Jun 15, 2026.
Impact analysis
Ends obligations under the prior redevelopment agreement; direct financial effect not stated in the meeting.
The city and CRA regain flexibility over the City Center area.
The developer parties to the terminated agreement.
Mentions & discussions (3)
City Council (Work) — June 15, 2026
The council was scheduled to meet privately with the city attorney on two pending lawsuits brought by ACR Acquisition LLC against the city. The council considered closed-session requests for Case Nos. 2025-CA-001165 and 2025-CA-001355.
Community Redevelopment Agency — April 27, 2026
The CRA board officially terminated the redevelopment agreement with PSL City Center, LLC and DeGuardiola Properties, Inc. This formally ends the contractual arrangement governing the City Center redevelopment project.
City Council — April 27, 2026
The council formally ended the redevelopment agreement with PSL City Center LLC and DeGuardiola Properties, closing out the long-stalled City Center deal between the city and its CRA.
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