Approve Documents Related to the Plat of COR TWO

As part of the sale of lots in COR TWO, there are several documents that will be necessary to address ongoing operations and maintenance issues between all five lots in the development. These agreements are coordinated by the HRA as pert of the sale, but once the disposition of the three HRA lots is complete, these agreements will be managed on an ongoing basis by the eventual owners of those lots, and the HRA will no longer be a party to the agreements.

 

 

The development team recommends the HRA Approve:

• The Final Plat of COR TWO
• The Agreement related to the Plat of COR TWO
• The Agreement and Declaration of Easements, Covenants, and Restrictions – COR TWO
• The Declaration of Signage and Utility Easements – COR TWO
• The Restrictive Covenants related to Lot 4, Block 1, COR TWO

 

There are five (5) actions related to this case:

Motion to Approve the Final Plat of COR TWO, and adapt a resolution authorizing the HRA Chair and Executive Director to execute the plat, and all other documents necessary to record.

Motion to Approve the Agreement Related to the Plat of COR TWO subject to final modifications by HRA Counsel, and adapt a resolution authorizing the HRA Chair and Executive Director to execute the agreement, quit claim deeds, and all other documents necessary to record.

Motion to Approve the Agreement and Declaration of Easements, Covenants, and Restrictions subject to final modifications by HRA Counsel, and adapt a resolution authorizing the HRA Chair and Executive Director to execute the agreement, Quit Claim Deeds, and all other documents necessary to record.

Motion to Approve the Agreement and Declaration of Signage and Utility Easements subject to final modifications by HRA Counsel, and adapt a resolution authorizing the HRA Chair and Executive Director to execute the agreement, and all other documents necessary to record.

Motion to Approve the Restrictive Covenants related to Lot 4, Block 1, COR TWO subject to final modifications by HRA Counsel, and adapt a resolution authorizing the HRA Chair and Executive Director to execute the agreement, and all other documents necessary to record.