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HomeMy WebLinkAbout06-069 ~ ......................... / DATE SUBMITTED: March 22,2006 BILL # fX., - Ot, q AGENDA BILL CITY OF BREMERTON CITY COUNCIL ........................................................................................ SUBJECT: Public Hearing on Ordinance No. ~q(p 7 approving and authorizing termination of the Development Agreement with Northwest Corporate Campus, LLC Committee Meeting Date: March 29,2006 COUNCIL MEETING Date: April 5, 2006 Department: City Attorney's Office Presenter: Roger Lubovich Phone: 473-2345 SUMMARY: The City entered into a Development Agreement with Northwest Corporate Campus, LLC. L160-1 Kitsap, LLC has purchased the property subject to the Development Agreement and desires to develop the property with residential units consistent with the current zoning of the property. L 160-1 Kitsap, LLC, as successor in interest to the Development Agreement, is requesting termination of the Development Agreement in order to develop the property consistent with its current zonmg. ATTACHMENTS: 1. Proposed Ordinance 2. Proposed Agreement Terminating Development Agreement Between the City of Bremerton and Northwest Corporate Campus, LLC FISCAL IMPACTS (Include Budgeted Amount): APPROVALS: DEPARTMENT DIRECTOR: CITY ATTORNEY: FINANCE DIRECTOR: MAYOR: FISCAL/BUDGET: OPERA nONS: COUNCIL PRESIDENT: J41'tJJ'YJ 3/..2.Q /0 ~ I CONSENT AGENDA '_ k~nl 3tt-o G. H'7 ~,;;(~~-~ RECOMMENDED MOTION: Move to pass Ordinance No. ~Vl" 7 approving and authorizing termination of the Development Agreement Between the City of Bremerton and Northwest Corporate Campus, LLC. COUNCIL ACTION: rLpcovc D Deny D Table D Continue D No Action