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HomeMy Public PortalAboutAB 08-141 Assignment of Lease - Lot 8, McCall Ave. HomesMcCALL CITY COUNCIL AGENDA BILL Number Meeting Date 216 East Park Street McCall, ID 83638 AB 08-141 July 10, 2008 AGENDA ITEM INFORMATION SUBJECT: Assumption of lease for Greystone Village #3 Lot 8, Block 3 from Neighborhood Housing Services to Peter J. Wessel Approvals: Department/ Committee/Individual Initials Remarks (Originator/ Support) Mayor /Council City Manager Community Development Treasurer Clerk, Deputy City Clerk originator Police Department Public Works Golf Operations COST IMPACT: n/a Parks & Recreation FUNDING SOURCE: n/a Airport Library TIMELINE: Closing of Lot 8 set for July 15, 2008. City Attorney Grant Coordinator 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 Peter J. Wessel. Accordingly, Mr. Wessel will assume the land lease for Lot 8, Greystone Village #3. RECOMMENDED ACTION: Authorize the transfer of the land lease for Lot 8, Greystone Village #3, from Neighborhood Housing Services, Inc. to Peter J. Wessel, and authorize the Mayor to sign all necessary documents. RECORD OF COUNCIL ACTION Meeting Date ACTION