Common Contracts
1 similar Development Agreement contracts
Re: Cambrian Rise – First Amendment to Development AgreementDevelopment Agreement • May 6th, 2020
In a memorandum dated August 15, 2019, Eric Farrell, President, BC Community Housing (BCCH), formally requested an increase in the housing density limit at Cambrian Rise, from 770 units to a maximum of 950 total residential units, to account for changing market conditions. The Development Agreement, fully executed on January 7, 2016, has a cap of 770 housing units at Cambrian Rise. Any increase in the number of housing units requires an amendment to the Development Agreement. A draft of the First Amendment to the Development Agreement between the City of Burlington and BCCH is attached for your review.
