Adopt Resolution #20-075 Amending Development Agreement for Makowsky Property (Project 20-103)

The purpose of this case is to review a request from Zappia & LeVahn, Ltd., attorney for the Subject Property owner, to amend and restate the original Development Contract for this subdivision. The entirety of the Development Contract, except item 17D will be released. Item 17D states that the 57 parcel shall not be considered buildable as it currently sits. It allows the remaining parcel to be subdivided in the future, in compliance with City Code standards at the time of subdivision.

This type of request is common when a property owner is attempting to sell a property. These types of documents are recorded against the property and can make the sale more complex, difficult, or stall the sale of the land. The items on the Development Contract have been satisfied, so Staff is comfortable amending the Development Contract to release the property from everything except item 17D.

No notification is required.

Staff is handling this request as part of normal duties.

Staff Recommends Adoption of Resolution #20-075

Adopt Resolution #20-075 Amending Development Agreement for Makowsky Property