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MADISON (DANE COUNTY)local legislationApproved

Approval of Third Amendment to Real Estate Listing Agreement for Village on Park

Original title: CDA Resolution No. 4711 - Authorizing the execution of a third amendment to a listing agreement between Kent Yan of Plato Commercial Real Estate LLC and the CDA pertaining to the Village on Park.

Record date · May 14, 2026

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Public stanceCommunity reactions are separate from the official record and reporting.

What This Bill Does

The has approved a third amendment to its existing real estate with Kent Yan of Plato Commercial Real Estate LLC regarding the Village on Park property.

Why it matters

This resolution extends or modifies the contractual terms for the professional services used to market or manage the Village on Park property, which is a public asset managed by the CDA.

Who It Affects

Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.

Directly affected

Community Development Authority

The agency is a party to the contract and is authorized to execute the amendment.

Directly affected

Plato Commercial Real Estate LLC

The firm is a party to the listing agreement and will operate under the terms of the third amendment.

Key Facts

The CDA approved Resolution No. 4711 on May 11, 2026.
The resolution authorizes a third amendment to a listing agreement.
The agreement is between the CDA and Kent Yan of Plato Commercial Real Estate LLC.
The agreement pertains to the property known as the Village on Park.

Show all 5 facts

The file number associated with this action is 93108.

Frequently Asked Questions

What is the Village on Park?

The document identifies it as a property managed by the .

What does this resolution actually do?

It formally authorizes the CDA to sign a third amendment to an existing contract with a real estate firm.

What else do you want to know?

News Coverage

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Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Discoveries

1 pattern noticed across the record

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift80% confidence

Repeated Contract Amendments

The fact that this is a 'third amendment' suggests an ongoing or evolving relationship with the real estate firm regarding the Village on Park property.

Plato Commercial Real Estate LLC Village on Park

Connected Entities

CDA Resolution No. 4711, Village on Park, Community Development Authority and 3 more

otherCDA Resolution No. 4711“The specific legislative act approving the agreement amendment.”Map →

locationVillage on Park“The specific property subject to the listing agreement.”Map →

OrganizationCommunity Development Authority“The local government body overseeing the Village on Park.”Map →

OrganizationPlato Commercial Real Estate LLC“The firm contracted to handle the listing for the Village on Park.”Map →

other93108“The internal file number for this legislative item.”Map →

PersonKent Yan“The real estate agent or representative from Plato Commercial Real Estate LLC.”Map →

Sources

Open source document

webapi.legistar.com

Analysis Score

0–100

Significance30
How much this matters to a regular citizen
Controversy10
Intensity of disagreement among stakeholders
Entertainment5
Compellingness for a non-policy-wonk reader
Buzz10
Current news / social attention level

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