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HomeMy Public PortalAboutAB 18-034 Eagle Lake Escrow Agreement Amendment McCALL CITY COUNCIL 216 East Park Street AGENDA BILL McCall, Idaho 83638 Number AB 18-34 Meeting Date February 8, 2018 AGENDA ITEM INFORMATION Originator SUBJECT: Department Approvals Initials or Supporter Mayor / Council Eagle Lake Escrow Agreement Amendment City Manager Clerk Treasurer Community Development Originator Police Department Public Works Golf Course Parks and Recreation COST IMPACT: N/A Airport FUNDING N/A Library SOURCE: Information Systems TIMELINE: N/A Grant Coordinator SUMMARY STATEMENT: The applicant, Pat Hill, received approval of his Planned Unit Development Final Plan and Subdivision Final Plat applications for a new eight (8) unit Planned Unit Development, Phase 1 to consits of five (5) units as well as the associated development and escrow agreements, for defered infrastructure, from the City Council on January 11, 2018. Since recieveing those approvals, there have been minor changes to the escrow agreement (attached) including utilizing a different title company and replacing an interest bearing account with a non-interest bearing account. The redlined version is also attached. RECOMMENDED ACTION: Approve Amended Eagle Lake Escrow Agreement and authorize the Mayor to sign all necessary documents. RECORD OF COUNCIL ACTION MEETING DATE ACTION January 11, 2018 Approval of Eagle Lake Final Planned Unit Development, Final Plat, Development Agreement, and Escrow Agreement applications.