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HomeMy Public PortalAboutAB 07-90 Assignment of Lease Lot 10 Greystone Village McCALL CITY COUNCIL 216 East Park Street AGENDA BILL McCall, ID 83638 Number AB 07-90 Meeting Date June 7, 2007 AGENDA ITEM INFORMATION Approvals: Department/ Initials Remarks SUBJECT: Committee/Individual (Originator/ Support) Mayor / Council Assumption of lease for Greystone Village #3 Lot 10 City Manager from Neighborhood Housing Services to Shawn Airport Denise Agenbroad City Clerk, Deputy Clerk Community Development Grant Coordinator Golf Operations Library Parks Police Department COST IMPACT: n/a Public Works Recreation FUNDING SOURCE: n/a Treasurer City Attorney TIMELINE: asap 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 Shawn Denise Agenbroad. Accordingly, Ms. Agenbroad will assume the land lease for Lot 10, Greystone Village #3. th At the May 24 City Council meeting, the Council raised concerns addressing standards of irrigation, landscaping, and neighborhood covenants, and tabled the agenda item until those concerns could be answered. In response to those concerns, a copy of the Community Housing Covenants Running With the Land agreement is attached. This document was approved by Council in October 2006. The issues of irrigation and landscaping are addressed on page five, in Section 4.3. Also attached are the forms prepared by the City Attorney for the lease transfer. Also attached for reference is a copy of the Ground Lease. RECOMMENDED ACTION: Authorize the transfer of the land lease for Lot 10, Greystone Village #3, from Neighborhood Housing Services, Inc. to Shawn Denise Agenbroad, and authorize the Mayor to sign all necessary documents. RECORD OF COUNCIL ACTION Meeting Date ACTION May 24, 2007 Tabled until June 7, 2007