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HomeMy Public PortalAboutAB 09-146 Restated Ground Lease AgreementMcCALL CITY COUNCIL AGENDA BILL Number Meeting Date 216 East Park Street McCall, ID 83638 AB 09-146 July 23, 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 f' LI 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 the attached amended and Restated Ground Lease for the McCall Avenue Homes. During the approval process the Council considered changes suggested by Neighborhood Housing Services, not all changes were accepted by the Council. When the approved document was submitted to Neighborhood Housing Services, their attorney wanted to have some of her previous suggested changes in the document. Mr. Nichols has asked their attorney to provide a letter to Council with her thought process and arguments for the changes. The letter had not been received at the time of the packets going out to Council, however it will be provided as soon as it is received. RECOMMENDED ACTION: Provide Direction to staff regarding the issues raised by Neighborhood Housing Services. 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