Title
AN ORDINANCE AUTHORIZING THE EXECUTION OF A DEVELOPMENT AGREEMENT BETWEEN M-III LONGVIEW, LLC, A DELAWARE LIMITED LIABILITY COMPANY AND THE CITY OF LEE'S SUMMIT, MISSOURI FOR THE FASCINATION AT NEW LONGVIEW DEVELOPMENT.
(Note: First Reading by City Council on February 1, 2018. Passed unanimously.)
Body
Issue/Request:
AN ORDINANCE AUTHORIZING THE EXECUTION OF A DEVELOPMENT AGREEMENT BETWEEN M-III LONGVIEW LLC AND THE CITY OF LEE'S SUMMIT, MISSOURI FOR THE FASCINATION AT NEW LONGVIEW DEVELOPMENT.
Proposed City Council Motion:
I move for adoption of AN ORDINANCE AUTHORIZING THE EXECUTION OF A DEVELOPMENT AGREEMENT BETWEEN M-III LONGVIEW LLC AND THE CITY OF LEE'S SUMMIT, MISSOURI FOR THE FASCINATION AT NEW LONGVIEW DEVELOPMENT as part of the Consent Agenda.
Background:
On December 15, 2016, the City Council concluded a public hearing for Application #PL2016167, for Preliminary Development Plan, of approximately 13.2 acres of land generally lying between SW Longview Blvd., SW Fascination Dr., and SW Kessler Dr. titled "New Longview Commercial Phase II" also known as "Fascination at New Longview".
Impact/Analysis:
The approval of the Preliminary Development Plan required that the Developer enter into a Development Agreement with the City for road improvements required in the Traffic Impact Assessment (TIA). This agreement will meet the above stated requirment.
Presenter
Presenter: Christopher Hughey, Project Manager
Recommendation
Recommendation: Staff recommends approval