New Development Agreement WARNING!

THE PIT

Council tabled the new development agreement. The trust is just not there. The labor issue has given councilors and residents time to actually read the agreement, including the confidential MOU.

Is the mayor acknowledging that part of the deal is a release of all potential claims "from the beginning of the world" (really, translated from the Latin for us) against Don Sinex and the other BTC/CityPlace parties, related to any other Development Agreements? 

The release would go back as far as 2013 when there was a verbal commitment between the City and Sinex, affirmed by this email. The fix was in, building height and commitment to TIF, and we're supposed to believe the project was what we want? No, it is what we were sold.

The issue of union jobs opened up a can of worms, created time for Councilors and public to read the agreement, and WAKE UP!  Miro is a developer and he is not representing working people, taxpayers, or residents of Burlington well. Only Council is potentially on our side?

This is about trust, and trust is just not here. Remember Pizzagalli Construction (PC)? They have two complaints in arbitration that Sinex sought to subsume in the Mutual Release. (Judge denied it.) PC was a partner in the project until it got trumped. (Ireland, Farrington, Senecal, be wary.) Trust? Note this paid news ad, disguised as a Seven Days article:   https://www.sevendaysvt.com/vermont/new-team-behind-cityplace-burlington-includes-three-vermont-business-owners/Content?oid=31683502

I'm no lawyer, but with two lawyers on Council, I hope at least the Councilor from the NNE will give this new development agreement an honest read.