The City of Coppell
File #: 2016-3131    Version: 1 Name: MSC - 3rd Amendment to Option Agreement
Type: Agenda Item Status: Passed
File created: 12/22/2016 In control: Administration
On agenda: 1/10/2017 Final action:
Title: Discuss and consider approving a Third Amendment to Option Agreement between the City of Coppell and Main Street Coppell, Ltd., and authorizing the City Manager to sign.
Attachments: 1. Third Amendment to Option Memo.pdf, 2. Third Amendement to Option Agreement.pdf

Title

Discuss and consider approving a Third Amendment to Option Agreement between the City of Coppell and Main Street Coppell, Ltd., and authorizing the City Manager to sign.

 

Summary

Main Street Coppell, Ltd. is purchasing land located at the northwest corner of S. Coppell Road and Burns Street to construct an additional twelve single family homes.  The Option Agreement defines the land included in the purchase and the purchase terms.

 

Fiscal Impact:

[Enter Fiscal Impact Statement Here]

 

Staff Recommendation:

Economic Development recommends approval.

 

Goal Icon:

Business Prosperity

 

Special Place to Live