HomeMy Public PortalAboutAB 09-172 Restated Ground Lease DiscussionMcCALL CITY COUNCIL
AGENDA BILL
Number
Meeting Date
216 East Park Street
McCall, ID 83638
AB 09-172
August 27, 2009
AGENDA ITEM INFORMATION
SUBJECT:
Amended Ground Lease with Neighborhood Housing
Services for the Remaining McCall Avenue Homes
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
REVENUE IMPACT: unknown
Parks & Recreation
FUNDING SOURCE: n/a
Airport
Library
TIMELINE: ASAP
City Attorney
Grant Coordinator
SUMMARY STATEMENT:
On July 9, 2009 City Council approved an Amended and Restated Ground Lease for the McCall Avenue
Homes. On July 23, 2009, Joann Butler, attorney for Neighborhood Housing Services proposed a change to
the lease, in Section Twenty -Nine - Right of First Refusal and Extension of Lease Term. On August 13,
2009 the Council discussed a letter sent by Nick Partin with USDA and Rural Development outlining
specific concerns and reasons for their denial for a Loan Note Guarantee. The City Attorney was directed to
work with NHS to resolve the concerns raised by Mr. Partin.
The attached draft Lease incorporates changes to Sections 3, 10, 18, 22, and 38 in an attempt to satisfy the
requirements of USDA RD. This draft is being reviewed by NHS and USDA. More information will be
provided to the Council on August 27.
RECOMMENDED ACTION:
Approve the Amended and Restated Ground Lease with the changes recommended by Bill Nichols and
authorize the Mayor to sign all necessary documents.
RECORD OF COUNCIL ACTION
Meeting Date
ACTION
6/11/09
Council tabled this item until 6/25/09
6/25/09
Council suggested some changes to the lease
7/09/09
Council approved the amended and restated Ground Lease
7/23/09
Council approved changes recommended by NHS(NHS Attorney and City Attorney
were authorized to work out the language)
8/13/09
Council directed the City Attorney to work with NHS attorney to resolve the
concerns presented by USDA RD