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HomeMy Public PortalAboutAB 07-181 Assignment of lease Lot 5 McCall Ave. McCALL CITY COUNCIL 216 East Park Street AGENDA BILL McCall, ID 83638 Number AB 07-181 Meeting Date September 27, 2007 AGENDA ITEM INFORMATION Approvals: Department/ Initials Remarks SUBJECT: Committee/Individual (Originator/ Support) Assumption of lease for Greystone Village #3 Lot 5 Mayor / Council Block 3 from Neighborhood Housing Services to City Manager Ryan and Jenna Ringer Airport City Clerk, Deputy Clerk Community Development Grant Coordinator originator Golf Operations Library Parks Police Department COST IMPACT: n/a Public Works Recreation FUNDING SOURCE: n/a Treasurer City Attorney TIMELINE: closing of Lot 5 home set for 9/27/07 Other SUMMARY STATEMENT: The City of McCall has a lease agreement with Neighborhood Housing Services for development of housing on 9 lots on McCall Avenue (Greystone Village #3). One of the new housing units has been sold to Ryan and Jenna Ringer. Accordingly, Mr. and Mrs. Ringer will assume the land lease for Lot 5, Greystone Village #3. RECOMMENDED ACTION: Authorize the transfer of the land lease for Lot 5, Greystone Village #3, from Neighborhood Housing Services, Inc. to Ryan and Jenna Ringer, and authorize the Mayor to sign all necessary documents. RECORD OF COUNCIL ACTION Meeting Date ACTION