MemorandumPre-Development Agreement • December 3rd, 2010
Contract Type FiledDecember 3rd, 2010On June 15, 2010, the Lake Oswego City Council approved a Pre-Development Agreement (“PDA”) with Foothills Road Redevelopment LLC and Williams/Dame & White – Lake Oswego LLC (“WDW”). The PDA calls for the establishment of a Framework Plan for the Foothills District (“District”). The District is an approximately 120-acre area located just east of downtown Lake Oswego along the Willamette River. The PDA assigns responsibility for the delivery of a final Framework Plan document to the City.