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File #: 22-106    Version: 1 Name: Assignment and Assumption Agreement Related to the Density Bonus Agreement for the Three Palms Apartments Development
Type: Resolution Status: Consent Calendar
File created: 6/5/2025 In control: City Council
On agenda: 6/17/2025 Final action:
Title: Assignment and Assumption Agreement Related to the Density Bonus Agreement for the Three Palms Apartments Project Recommended Action: It is recommended that the City Council adopt Resolution No. 2025-22, approving the Assignment and Assumption Agreement related to the previously executed Density Bonus and Incentive Agreement for the Three Palms Apartments development, and authorizing the City Manager to execute all related documents.
Sponsors: Eydee Jimenez, Nathan Freeman
Attachments: 1. SR Assignment & Assumption Agreement Three Palms Apartments 6-17-2025, 2. Resolution 2025-22, 3. Attachment 2 - Assignment and Assumption Agreement, 4. Attachment 3 - Density Bonus Agreement and Incentive Agreement
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Title Assignment and Assumption Agreement Related to the Density Bonus Agreement for the Three Palms Apartments Project

 

Recommended Action:

 

It is recommended that the City Council adopt Resolution No. 2025-22, approving the Assignment and Assumption Agreement related to the previously executed Density Bonus and Incentive Agreement for the Three Palms Apartments development, and authorizing the City Manager to execute all related documents.