Editor’s note: this story previously said that the Lafayette City Council had agreed to the change in the development agreement. The Lafayette City Council has yet to approve the agreement as of Tuesday morning.
LAFAYETTE City officials in Lafayette have struck a deal with the development group behind The Miller apartment complex in the
City Center project to rename the building, months after locals began saying that the name promotes the racist history associated with some of that family’s members.
According to documents for its Tuesday meeting, city officials and a subsidiary of Boulder-based Rubicon Development LLC agreed to a deferment in paying building fees and associated interest until 2022 in exchange for renaming the housing complex at 235 South Boulder Road. The company was scheduled to start making quarterly payments on up to $3.5 million in deferred fees this month with a 5% interest rate.