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HomeMy Public PortalAboutAB 09-145 Assignment of Lease - Lot 4 McCall Ave. HomesMcCALL CITY COUNCIL AGENDA BILL Number Meeting Date 216 East Park Street McCall, ID 83638 AB 09-145 July 23, 2009 AGENDA ITEM INFORMATION SUBJECT: Assumption of lease for Greystone Village #3, Lot 4, Block 3, from Neighborhood Housing Services to Bradley Kraushaar 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 4 set for July 24, 2009 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 Bradley Kraushaar. Accordingly, Mr. Kraushaar will assume the land lease for Lot 4, Greystone Village #3. Attached are the Assignment of Lease and Consent to Encumbrance Documents RECOMMENDED ACTION: Authorize the transfer of the land lease for Lot 4, Greystone Village #3, from Neighborhood Housing Services, Inc. to Bradley Kraushaar, and authorize the Mayor to sign all necessary documents. RECORD OF COUNCIL ACTION Meeting Date ACTION