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HomeMy WebLinkAbout08/03/2011 6A AGENDA BILL CITY OF BREMERTON eA CITY COUNCIL SUBJECT: Public Hearing regarding Study Session Date July 27, 2011 Ordinance No 5157 approving and COUNCIL MEETING Date August 3, 2011 authorizing termination of the Development Department DCD /City Attorney Agreement between Port Blakely Tree Presenter Andrea Spencer & Farms (Limited Partnership) and the City of Roger Lubovich Bremerton Phone 473 -2345 SUMMARY: A Development Agreement was entered into between Port Blakely Tree Farms and the City of Bremerton on December 6, 2000 On about December 28, 2009, Bremerton West Ridge, LLC acquired all of the property subject to the Development Agreement No development has occurred on the site following execution and recording of the Development Agreement West Ridge has requested that the Development Agreement be terminated NO-5 (57 ATTACHMENTS: Proposed Ordinance and Proposed Termination Development Agreement FISCAL IMPACTS (Include Budgeted Amount) None APPROVALS: DEPARTMENT DIRECTOR CITY ATTORNEY FINANCE DIRECTOR RECOMMENDED MOTION: Move to approve Ordinance No 515 7 and authorize the Mayor to finalize and execute the Termination Development Agreement with substantially the same terms and conditions as presented STUDY SESSION ACTION: ❑ Co ent Agend El General Business Public Hearing COUNCIL PRESIDENT �� COUNCIL ACTION: [Approve F1 Deny F] able ❑ Continue ❑ No Action Form Updated 4/1812011