Common Contracts
1 similar Development Agreement contracts
REQUEST FOR CITY COUNCIL CONSIDERATIONDevelopment Agreement • March 28th, 2024
Agenda Item: 7B Prepared by:Chris Noury, City Attorney Agenda Section:New Business: Ordinance. First Reading Date: March 26, 2024 Subject:First Amendment to the Bahama Island Phase II Master Development Agreement and to authorize the City Manager to sign the document on behalf of the City Division: Legal Background:The City and the Developers for Bahama Island Phase II entered into a Development Agreement on August 31, 2023, which contained obligations by the Developer regarding certain off-site road improvements for roads that are located within the jurisdiction of Horry County which improvements therefore required the consent and approval of Horry County. However, the County has indicated that it will not consent to the off-site road improvements required in the Development Agreement. Because the County has not consented to/approved of the off-site road improvements, the Developers have proposed an amendment to the Development Agreement as follows: Exhibit D-1 of the proposed amendm
