HomeMy Public PortalAboutAB 10-086 Assignment of Lease - Lot 2 McCall Ave. HomesMcCALL CITY COUNCIL
AGENDA BILL
Number
Meeting Date
AB 10-86
March 25, 2010
216 East Park Street
McCall, Idaho 83638
AGENDA ITEM INFORMATION
SUBJECT:
Assumption of lease for Greystone Village #3, Lot
2, Block 3, from Neighborhood Housing Services
to Daniel T. O'MalleyClerk
Department Approvals
Initials
Originator
or
Supporter
Mayor / Council
City Manager
Originator
Treasurer
Community Development
Police department
Public Works
Golf Course
COST IMPACT: N/A
Parks and Recreation
FUNDING SOURCE: N/A
Airport
Library
TIMELINE: Immediately upon approval
Information Systems
Grant Coordinator
SUMMARY STATEMENT:
The City of McCall has a lease agreement with Neighborhood Housing Services for development of
housing on nine lots on McCall Avenue (Greystone Village #3). One of the new housing units has been sold
to Daniel T. O'Malley. Accordingly, Mr. O'Malley will assume the land lease for Lot 2.
A work session is scheduled for March 26, 2010 and the Council will work through the proposed new lease
with Mr. Nichols, with the intention of adopting the new document at the April 8, 2010 City Council
Meeting.
The lease assignment for Mr. O'Malley would be unaffected by the proposed new lease.
Attached are the Assignment of Lease and Consent to Encumbrance Documents.
RECOMMENDED ACTION:
Authorize the transfer of the land lease for Lot 2, Greystone Village #3, from Neighborhood Housing
Services, Inc. to Daniel T. O'Malley, and authorize the Mayor to sign all necessary documents.
RECORD OF COUNCIL ACTION
MEETING DATE
ACTION