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HomeMy Public PortalAboutAB 11-191 SUB-04-Spring Forest First Amendment to the Development AgreementMcCALL CITY COUNCIL AGENDA BILL Number Meeting Date 216 East Park Street McCall, ID 83638 AB 11-191 October 20, 2011 AGENDA ITEM INFORMATION SUBJECT: SUB-04-21: Spring Forest p g First Amendment to the Development Agreement Approvals: Department/ Committee/Individual Initials Remarks (Originator/ Support) Mayor /Council City Manager Community Development originator Treasurer 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: Spring Forest is a subdivision located on Boydstun Lane that created seven (7) residential lots. A development agreement for outstanding improvements was entered into by the City of McCall and Roger's Family Trust #1, the developer, in 2006. Article II addresses the Roadway and Stormwater Improvements including the requirement for Spring Forest to place funds in escrow to cover the cost of paving a portion of Boydstun Lane. At that time, the City of McCall had plans to pave Boydstun Lane. The City recently discovered that Boydstun Lane needs to be rebuilt prior to paving. There are currently not any plans to pave Boydstun Lane in the next four -six years. Therefore, the First Amendment to the development agreement deletes the Roadway and Stormwater Improvement section and the escrow funds can be released back to Roger's Family Trust # 1. The other requirements of the original development agreement have been satisfied. 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 for Spring Forest Subdivision and authorize the Mayor to sign all necessary documents. RECORD OF COUNCIL ACTION Meeting Date ACTION