HomeMy Public PortalAboutAB 22-191 McCall Avenue Home Lease transaction
McCALL CITY COUNCIL 216 East Park Street
AGENDA BILL McCall, Idaho 83638
Number AB 22-191
Meeting Date July 14, 2022
AGENDA ITEM INFORMATION
SUBJECT:
Request for Assignment of Ground Lease for Greystone Village #3, Lot 7, Block 3, 1551 McCall Avenue and Establish a New Lease
Department Approvals
Initials
Originator
or
Supporter
Mayor / Council
City Manager
Clerk
Originator
Treasurer
Community Development
Police Department
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Golf Course
COST IMPACT:
n/a
Parks and Recreation
FUNDING SOURCE:
n/a
Airport
Library
TIMELINE:
July 28, 2022
Information Systems
Grant Coordinator
SUMMARY STATEMENT:
The City of McCall has a lease agreement with Gregg Eames for a single lot located at 1551 McCall Avenue. Kristin Eames Kindall, Personal Representative of the Estate of Gregg N. Eames
is selling this home to Lianne C Weyen. Accordingly, Ms. Weyen will assume the land lease for Lot 7 and establish a new to reflect the new appraised value of the land.
The lease transfer fee to be paid at closing by the Estate of Gregg N. Eames is $2,500. Ms. Weyen is considered a “qualified buyer” and will live in the home located at 1551 McCall Avenue
and qualifies for rent of $1.00 per year.
Attached are the Assignment of Lease and New Lease Documents.
RECOMMENDED ACTION:
Authorize the transfer of the land lease for Greystone Village #3, Lot 7, Block 3, from the Estate of Gregg N. Eames to Lianne C Weyen; approve the establishment of a new lease with
Lianne C Weyen to encumber her interest in 1551 McCall Avenue, McCall, Idaho; and authorize the Mayor to sign all necessary documents.
RECORD OF COUNCIL ACTION
MEETING DATE
ACTION