SECORD Phase One Development Agreement

At a glance

• What: The development agreement between the City and Ride Your Bike LLC and RYB Building A LLC for Phase 1 of the South End Coordinated Redevelopment (SECORD) project.
• Status: Approved unanimously on May 11, 2026.
• Next: The Mayor executes the agreement after City Attorney review. The HIA and any substantive amendments to the HIA or the development agreement require further City Council approval.

Detail

Alnasrawi (CEDO) and Gummi Johnson spoke to the 25-minute item. Singh moved and Schachter seconded to approve the motion as presented, authorizing the Mayor to execute the agreement and any further instruments approved as to form by the City Attorney. The minutes do not define the HIA or state the project's size or cost.

Sources

• Minutes, City Council, May 11, 2026: https://burlingtonvt.api.civicclerk.com/v1/Meetings/GetMeetingFileStream(fileId=20010)

Log

2026-05-11 - City Council

Item 7.6. Approved unanimously.