The Merriam City Council earlier this month approved an amendment to its redevelopment agreement with Merriam Pointe, pushing the operational date from July 2020 to December 2021.
Merriam Pointe co-developer Richard Webb asked the city to push the date back as his negotiations are still underway with a potential end user and therefore cannot be operational by July 24, City Administrator Chris Engel said. Mayor Ken Sissom said Webb made a good faith effort to turn a piece of property with no value into something marketable, that both Webb and the city can profit from.
“If [Webb] hadn’t done anything, that place over there would be nothing but a big ditch right now,” Sissom said. “The future looks pretty bright, it may take a little longer than we thought, but he’s the one that had all the risk — the city had no risk in this matter.”