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CITY OF CENTERVILLE <br />REQUEST FOR <br />COUNCIL ACTION <br />Agenda Item # Department: Requested Council Meeting Date: <br />February 10, 2021 <br />Administration/Planning <br />IX.2 <br />TITLE OF ISSUE: <br />Block 7 Redevelopment Recommendation <br />BACKGROUND AND SUPPLEMENTAL INFORMATION: <br />At a joint meeting of the Planning and Zoning (P&Z) Commission, EDA and City Council, on February 2, <br />2021, the group heard proposals from 2 different developers on the redevelopment of city-owned property <br />known as "Block 7". After hearing the proposals and debating the merits of each and after affording the public <br />an opportunity to comment, the P&Z Commission voted, unanimously, to recommend that the City Council <br />work with Centra Homes to negotiate a redevelopment agreement based on their proposal which included 24 <br />for-sale townhomes. The proposals of both developers are attached for your review. At the direction of the <br />City Coucnil, staff would draft a purchase agreement and/or a Memorandum of Understanding which would <br />allow both parties to continue the due diligence necessary to formulate a developer's agreement, preliminary <br />plat, Conditional Use Permit/Planned Unit Development and other documents. <br />COST AND SOURCE(S) OF FUNDING: <br />TBD - Based on Proposal <br />REQUESTED COUNCIL ACTION: <br />Motion to direct staff to draft a purchase agreement and Memorandum of Understanding with Centra Homes <br />based on their proposal for the redevelopment of Block 7. <br />SUPPORTED DOCUMENTS ATTACHED <br />Motion By: ____________________________________ <br /> Resolution Ordinance Contract Minutes Plan Map <br />Second By: ____________________________________ <br />Vote Record: Aye Nay <br /> _____ <br />_____ <br />Proposals <br />Other (specify) ____________ <br /> _____ _____ <br />_____ <br /> _____ <br />_______________________________________________________________ <br /> _____ _____Ki <br /> _____ ____________________________________________________________________ <br />Administration Department Use: <br />Refer to: _________________________________ <br />Consent <br /> Tabled Until: ______________________________ <br /> Regular <br /> Other: ___________________________________ <br /> <br />