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HomeMy Public PortalAboutAB 11-103 SUB-05-04 Greystone Village First Amendment to the Development AgreementMcCALL CITY COUNCIL AGENDA BILL Number Meeting Date 216 East Park Street McCall, ID 83638 AB 11-103 June 9, 2011 AGENDA ITEM INFORMATION SUBJECT: SUB-05-04: Greystone Village Phase 1 and 2 First Amendment to the Development Agreement Approvals: Department/ Committee/Individual Initials Remarks (Originator/ Support) Mayor / Council City Manager Community Development originator Treasurer Clerk, Deputy City Clerk Police Department Public Works Golf Operations COST IMPACT: N/A Parks & Recreation FUNDING SOURCE: N/A Airport Library TIMELINE: ASAP City Attorney Grant Coordinator SUMMARY STATEMENT: Greystone Village is the townhome project located on Roosevelt Street north of Hemlock Street. Approval of the final plat for phases 1 and 2 of SUB-05-04 was granted by the McCall City Council on April 27, 2006. The original owner of the Greystone Village project entered into a development agreement with the City on May 4, 2006. Subsequently, there is a new owner for the project and this is the first amendment to the development agreement. The amendment updates the owner information and the financial guarantee/cost estimate information, and includes the remaining conditions of approval. The City Attorney has reviewed the development agreement. The complete land use file is not attached but is available for public review during normal working hours in the Community Development Department located at the McCall City Hall, 216 East Park Street, McCall, Idaho 83638. RECOMMENDED ACTION: Adopt the First Amendment to the Development Agreement with Greystone Village Phase 1 and 2 and authorize the Mayor to sign all necessary documents. RECORD OF COUNCIL ACTION Meeting Date ACTION