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CITY OF CENTERVILLE <br />REQUEST FOR <br />COUNCIL ACTION <br />Agenda Item # Department: Requested Council Meeting Date: <br />March 24, 2021 <br />Administration <br />VIII.1 <br />TITLE OF ISSUE: <br />Block 7 Memorandum of Understanding - Centra Homes <br />BACKGROUND AND SUPPLEMENTAL INFORMATION: <br />Attached, you will find a draft Memorandum of Understanding (MOU) for review and approval. This <br />document simply outlines the parameters with which we intend to negotiate a development agreement with <br />Centra Homes. It is non-binding, but allows both parties a level of commitment that facilitates progress. <br /> <br />Centra Homes' proposal (response to our Request for Proposals) is also attached to this agreement for reference <br />and is the basis for the MOU. <br />COST AND SOURCE(S) OF FUNDING: <br />No binding commitment of cost at this time. <br />REQUESTED COUNCIL ACTION: <br />Motion to approve the Memorandum of Understanding between the City and Centra Homes, for the <br />construction of a townhome style development on the City-owned Block 7 propoerty. <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 />Centra Homes' Proposal, MOU <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 />