File #: BILL NO. 16-182    Name:
Type: Ordinance Status: Passed
File created: 8/19/2016 In control: City Council - Regular Session
On agenda: 9/1/2016 Final action: 9/1/2016
Title: AN ORDINANCE AUTHORIZING THE EXECUTION OF A DEVELOPMENT AGREEMENT BETWEEN TOWNSEND CAPITAL, LLC OF HUNT VALLEY, MARYLAND AND THE CITY OF LEE'S SUMMIT, MISSOURI FOR THE SUMMIT ORCHARD DEVELOPMENT.
Sponsors: Development Services, Weisenborn, Mike
Attachments: 1. Ordinance, 2. Summit Orchard Development Agreement, 3. Exhibit A of the Development Agreement, 4. Exhibit B of the Development Agreement
Title
AN ORDINANCE AUTHORIZING THE EXECUTION OF A DEVELOPMENT AGREEMENT BETWEEN TOWNSEND CAPITAL, LLC OF HUNT VALLEY, MARYLAND AND THE CITY OF LEE'S SUMMIT, MISSOURI FOR THE SUMMIT ORCHARD DEVELOPMENT.

Body

Issue/Request:
FIRST MOTION: I move for a second reading of AN ORDINANCE AUTHORIZING THE EXECUTION OF A DEVELOPMENT AGREEMENT BETWEEN TOWNSEND CAPITAL, LLC OF HUNT VALLEY, MARYLAND AND THE CITY OF LEE'S SUMMIT, MISSOURI FOR THE SUMMIT ORCHARD DEVELOPMENT.

Key Issues:
- Attached is a Development Agreement covering the construction of certain off-site road, sanitary sewer and sidewalk improvements required to serve the Summit Orchard development.
- On May 19, 2016, the City Council concluded a public hearing for Application #PL2016-039 for a preliminary development plan for the development of approximately 46.30 acres of land generally lying at the northeast corner of NW Ward Road and NW Chipman Road, in district PMIX (Planned Mixed Use District), on property owned by Townsend Summit, LLC ("Developer"), which will be developed as Summit Orchard.
- Following the public hearing the Development, the City Council adopted Ordinance No. 7885 which approved Application #PL2016-039 subject to certain conditions of approval, one of which was a requirement that the Developer enter into a development agreement with the City to provide for certain off-site road improvements necessary for the Development.
- The attached Development Agreement satisfies this condition of approval.

Proposed City Council Motion:
FIRST MOTION: I move for a second reading of AN ORDINANCE AUTHORIZING THE EXECUTION OF A DEVELOPMENT AGREEMENT BETWEEN TOWNSEND CAPITAL, LLC OF HUNT VALLEY, MARYLAND AND THE CITY OF LEE'S SUMMIT, MISSOURI FOR THE SUMMIT ORCHARD DEVELOPMENT.

SECOND MOTION: I move for adoption of AN ORDINANCE AUTHORIZING THE EXECUTION OF A DEVELOPMENT AGREEMENT BETWEEN TOWNSEND CAPITAL, LLC OF HUNT VALLEY, MARYLAND AND THE CITY OF LEE'S SUMMIT, MISSOURI FOR THE SUMMIT ORCHARD ...

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