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File #: 15-8256    Version: 1 Name:
Type: Action Review Status: Agenda Ready
File created: 5/9/2018 In control: City Council Business Meeting
On agenda: 5/14/2018 Final action: 5/14/2018
Title: Scaleybark South Village Development Agreement Amendment
Attachments: 1. Scaleybark_CouncilBriefing_May2018_FINAL

Title

Scaleybark South Village Development Agreement Amendment

 

Body

Staff Resources:

Pamela Wideman, Housing and Neighborhood Services

Bob Hagemann, City Attorney

Brad Branham, City Attorney’s Office

 

Time:                      20 minutes

 

Explanation:

§                     On March 26, 2018, City Council approved a 60-day extension to the General Development Agreement with Scaleybark Partners, LLC to extend the development completion obligations to the end of May.

§                     This presentation will update City Council on the negotiations that have taken place with the developer, including the proposed restated terms of the development agreement.

 

Future Action:

Council action will be requested at the May 30, 2018, business meeting to review and approve the amended and restated development agreements.