HomeMy Public PortalAboutAB 23-152 McCall Avenue Home Lease transactionMcCALL CITY COUNCIL 216 East Park Street
AGENDA BILL McCall, Idaho 83638
Number AB 23-152
Meeting Date July 13, 2023
AGENDA ITEM INFORMATION
SUBJECT:
Request for Assignment of Ground Lease for Greystone Village #3, Lot 8, Block 3, 1555 McCall Avenue to Stephen Andersen
Department Approvals
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Mayor / Council
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TIMELINE:
July 13, 2023
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Grant Coordinator
SUMMARY STATEMENT:
The City of McCall has a lease agreement with Jerome R. Johnson and Rebecca A. Austin for a single lot located at 1555 McCall Avenue. Mr. Johnson and Ms. Austin are selling this home
to Stephen Andersen. Accordingly, Mr. Andersen will assume the land lease for Lot 8.
The lease transfer fee to be paid at closing by the Mr. Johnson and Ms. Austin is $2,500. Mr. Andersen is considered a “qualified buyer” and will live in the home located at 1555 McCall
Avenue and qualifies for rent of $1.00 per year already paid by Neighborhood Housing Services, Inc., a non-profit corporation organized and existing under the laws of Idaho, having
its principal office at 1401 Shoreline Drive, Boise, Idaho 83707.
Attached are the Assignment of Lease Documents.
RECOMMENDED ACTION:
Authorize the transfer of the land lease for Greystone Village #3, Lot 8, Block 3, from Jerome R. Johnson and Rebecca A. Austin to Stephen Andersen and authorize the Mayor to sign all
necessary documents.
RECORD OF COUNCIL ACTION
MEETING DATE
ACTION