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HomeMy Public PortalAboutAB 23-075 Running Horse DeedMcCALL CITY COUNCIL 216 East Park Street AGENDA BILL McCall, Idaho 83638 Number AB 23-075 Meeting Date April 13, 2023 AGENDA ITEM INFORMATION  SUBJECT: Request Payment Approval from the Local Housing Incentive Program for the Deed Restriction of Lot B6, Running Horse Subdivision Department Approvals Initials Originator or Supporter   Mayor / Council     City Manager /    Clerk     Treasurer     Community Development BP / Originator   Police Department     Public Works     Golf Course    COST IMPACT: $10,000 Parks and Recreation    FUNDING SOURCE: Local Option Tax allocation to Community & Economic Development Housing Program Airport      Library    TIMELINE: ASAP Information Systems      Grant Coordinator    SUMMARY STATEMENT: The developer of Running Horse Subdivision has deed restricted Lot B6 through the City of McCall’s Local Housing Incentive Program. The deed restriction was approved to be signed by the Mayor on October 6, 2022 (Agenda Bill 22-260). Pursuant to the Local Housing Incentive Program established by Resolution 19-02, the grantor of the deed restriction is eligible to receive the $10,000 incentive for placing the deed restriction on the property. Attached is the Local Housing Deed Restriction that has been reviewed by the City Attorney.  RECOMMENDED ACTION: Approve payment of $10,000 per Resolution 19-02 for Lot B6, Running Horse Subdivision and authorize the Mayor to sign all necessary documents.  RECORD OF COUNCIL ACTION  MEETING DATE ACTION  October 6, 2022 Approved the deed restriction for Lot B6, Running Horse Subdivision and authorized the mayor to sign all necessary documents