HomeMy Public PortalAboutAB 04-106 LID 3 parcel negotiationMcCALL CITY COUNCIL 216 East Park Street
AGENDA BILL McCall, ID 83638
Number AB04- 106
Meeting Date July 22, 2004
AGENDA ITEM INFORMATION
SUBJECT:
Sale of LID #3 parcels
to Silvertip, LLC
Approvals: Department/
Committee/Individual
Initials
Remarks
(Originator/Support)
Mayor / Council
City Manager / City Clerk
originator
Treasurer
Community Development
Police Department
Public Works
Golf Operations
Parks & Recreation
COST IMPACT: n/a
Airport
FUNDING SOURCE:
n/a
Library
City Attorney
TIMELINE: ASAP
Grant Coordinator
Other
SUMMARY STATEMENT:
The prospective buyers have requested to meet with the City Council
to provide an update on their due diligence and discuss the terms of sale. See attached memo.
RECOMMENDED ACTION:
RECORD OF COUNCIL ACTION
Meeting Date
ACTION
May
4, 2004
AB04-42: accepted offer to purchase from Silvertip LLC
June 24, 2004
Extension of closing date granted, subject to certain conditions.
McCALL CITY COUNCIL 216 East Park Street
AGENDA BILL McCall, ID 83638
Number AB04- 106
Meeting Date June 24, 2004
AGENDA ITEM INFORMATION
SUBJECT:
Sale of LID #3 parcels
to Silvertip, LLC
Approvals: Department/
Committee/Individual
Initials
Remarks
(Originator/Support)
Mayor / Council
City Manager / City Clerk
Treasurer
Community
Development
originator
Police Department
Public Works
Golf Operations
Parks & Recreation
COST IMPACT: n/a
Airport
FUNDING SOURCE:
n/a
Library
City Attorney
TIMELINE: ASAP
Grant Coordinator
Other
SUMMARY STATEMENT:
The prospective buyers have requested to meet with the City Council
to discuss the terms of sale, including: the lift station, an increase in the number of lots, an extension of the closing date and due diligence period, and the terms of that extension.
RECOMMENDED ACTION:
RECORD OF COUNCIL ACTION
Meeting Date
ACTION
May 4, 2004
AB04-42: accepted offer to purchase from Silvertip LLC