Common Contracts
1 similar Pre-Development Agreement contracts
ContractPre-Development Agreement • May 13th, 2021
Agenda Item Champlain Housing Trust Agreements for 32 Malletts Bay Ave. Date May 17, 2021 Submitting Department Community and Economic Development Recommended Action Discussion Strategic Vision Area and Strategy Housing Expenditure Required(amount and source) N/A Background Information A Pre-Development Agreement was executed between the City and Champlain Housing Trust (CHT) on October 16, 2018 after being approved by City Council. The agreement envisions a CHT built perpetually affordable homeownership opportunity to be located at the street front of the O’Brien Community Center. The project furthers the Winooski Master Plan housing goals and City Council identified continued partnership on this project as a strategic priority for staff work in 2020/2021. At their meeting on February 16th, City Council received a full update on the project design and development plans for “Butternut Station”, and authorized staff to negotiate agreements with CHT and co-sign subdivision application an
