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HomeMy Public PortalAboutAB 08-224 Assignment of Lease - Lot 3, McCall Ave. HomesMcCALL CITY COUNCIL AGENDA BILL Number Meeting Date 216 East Park Street McCall, ID 83638 AB 08-224 November 20, 2008 AGENDA ITEM INFORMATION SUBJECT: Assumption of lease for Greystone Village #3, Lot 3, Block 3, from Neighborhood Housing Services to Johannes T. Kitty and Deborah B. KittyCity Approvals: Department/ Committee/Individual Initials Remarks (Originator/ Support) Mayor /Council 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 3 set for November 28, 2008. City Attorney Grant Coordinator SUMMARY STATEMENT: The City of McCall has a lease agreement with Neighborhood Housing Services for development on 9 lots on McCall Avenue (Greystone Village #3). One of the new housing units has been sold T. Kury and Deborah B. Kury. Accordingly, Mr. and Mrs. Kury will assume the land lease Greystone Village #3. Attached are the Assignment of Lease and Consent to Encumbrance Documents of housing to Johannes for Lot 3, RECOMMENDED ACTION: Authorize the transfer of the land lease for Lot 3, Greystone Village #3, from Neighborhood Housing Services, Inc. to Johannes T. Kitty and Deborah B. Kitty, and authorize the Mayor to sign all necessary documents. RECORD OF COUNCIL ACTION Meeting Date ACTION