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CC Regular Session 5, 7, <br />Meeting Date: 10/13/2020 <br />By: Chloe McGuire Brigl, Community <br />Development <br />Information <br />Title <br />Adopt Resolution #20-075 Amending Development Agreement for Makowsky Property (Project 20-103) <br />Purpose/Background: <br />The purpose of this case is to review a request from Zappia & LeVahn, Ltd., attorney for the Subject Property <br />owner, to amend and restate the original Development Contract for this subdivision. The entirety of the <br />Development Contract, except item 17D will be released. Item 17D states that the 57 parcel shall not be considered <br />buildable as it currently sits. It allows the remaining parcel to be subdivided in the future, in compliance with City <br />Code standards at the time of subdivision. <br />This type of request is common when a property owner is attempting to sell a property. These types of documents <br />are recorded against the property and can make the sale more complex, difficult, or stall the sale of the land. The <br />items on the Development Contract have been satisfied, so Staff is comfortable amending the Development <br />Contract to release the property from everything except item 17D. <br />Notification: <br />No notification is required. <br />Funding Source: <br />Staff is handling this request as part of normal duties. <br />Recommendation: <br />Staff Recommends Adoption of Resolution #20-075 <br />Action: <br />Adopt Resolution #20-075 Amending Development Agreement for Makowsky Property <br />Subject Property <br />Original Development Agreement <br />Amended and Restated Development Contract <br />Resolution #20-075 <br />Attachments <br />Form Review <br />Inbox Reviewed By Date <br />Tim Gladhill Tim Gladhill 10/08/2020 08:11 AM <br />Kurt Ulrich Kurt Ulrich 10/08/2020 01:55 PM <br />Form Started By: Chloe McGuire Brigl Started On: 10/02/2020 12:23 PM <br />Final Approval Date: 10/08/2020 <br />