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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.

May 14, 2026

real estatecommunity developmentcontractsgovernment property

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The Frame

What this does

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 is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Community Development Authority

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

Plato Commercial Real Estate LLC

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

What changed

Last recorded activity May 14, 2026.

What's next

Next step not available in the current record.

Summary

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.

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.
  • The file number associated with this action is 93108.

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.

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.

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Sponsors

Discoveries

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 LLCVillage on Park

Connected Entities

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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