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HomeMy WebLinkAbout03-090DATE SUBMITTED: 5/7/03 BILL # ~-- AGENDA BILL CITY OF BREMERTON CITY COUNCIL SUBJECT: Eastpark Phase I-Design Committee Meeting Date: 5/13/03 Development Agreement between Ch~tffey COUNCIL MEET1NG Date: 5/21/03 Corporation & City of Bremerton Department: Econ Development Presenter: Gary Sexton Phone: 473-5282 SUMMARY: The Phase I Development Agreement between the City of Bremerton and Chaffey Corporation sets forth the agreement for Chaffey to perform a market study, create a critical path for design development coordination with the City's Department of Community Development, development of a concept site plan, architectural review and study for proposed housing types and mixture. The agreement includes payment of a fee in the event of termination and an option to purchase upon approval of design and other conditions. ATTACHMENTS: Eastpark Phase I - Agreement Between the City of Bremerton and the Chaffey Corporation FISCAL IMPACTS (Include Budgeted Amount): Currently, no budget impact. APPROVALS: DEPARTMENT DIRECTOR: CITY ATTORNEY: MAYOR: FISCAL/BUDGET: OPERATIONS: ~,...._.._~ COUNCIL PRESIDENT: RECOMMENDED MOTION: Move to approve and authorize the Mayor to finalize and execute the Eastpark Phase I Agreeragnt between the City of Bremerton and The Chaffey Corporation in substantially the same terms and conditions as contained in the proposed agreement. AGENDA STATUS: Consent New Business Old Business , Ordinance COUNCIL ACTION: [~pprove [] Deny [] Postpone [] No Action ! Resolution Public Hearing Information Rtudv ,qe~ion