HomeMy Public PortalAboutAB 19-029 SUB-17-01 Shore Lodge Cottages Development and Escrow Agreement AmendmentsMcCALL CITY COUNCIL 216 East Park Street
AGENDA BILL McCall, Idaho 83638
Number AB 19-029
Meeting Date February 14, 2019
AGENDA ITEM INFORMATION
SUBJECT:
Request to Approve Development Agreement and Escrow Agreement Amendments for the Shore Lodge Cottages Subdivision SUB-17-01
A Public Hearing
Department Approvals
Initials
Originator
or
Supporter
Mayor / Council
City Manager
Clerk
Treasurer
Community Development
Originator
Police Department
Public Works
Golf Course
COST IMPACT:
N/A
Parks and Recreation
FUNDING SOURCE:
N/A
Airport
Library
TIMELINE:
N/A
Information Systems
Grant Coordinator
SUMMARY STATEMENT:
Shore Lodge Whitetail LLC has submitted a request to amend the Development and Escrow Agreements associated with Shore Lodge Cottages, a new twenty-three (23) lot subdivision within
the Whitetail Planned Unit Development (PUD), in order to extend the timeline for completion of remaining water, sewer, private road infrastructure, and landscaping for one year – from
December 31, 2018 to December 31, 2019.
To date, approximately 78% of the original escrow account funds ($1.8M) have been released for completed project elements. Remaining work to be completed is primarily landscaping and
final site stabilization which was unable to be finished before the end of the 2018 construction season (see attached Infrastructure List).
The draft Amendment to the Third Amendment Whitetail PUD Development Agreement and Amendment to Escrow Agreement for Shore Lodge Cottages are attached. Both documents have been reviewed
by the City Attorney and Public Works Director.
RECOMMENDED ACTION:
Hold the public hearing.
Approve the Amendment to the Whitetail PUD Development Agreement and Shore Lodge Cottages Escrow Agreement and authorize the Mayor to sign all necessary documents.
RECORD OF COUNCIL ACTION
MEETING DATE
ACTION
August 24, 2017
City Council approval of Subdivision Final Plat, Development Agreement and Escrow Agreement for Shore Lodge Cottages.