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<br />Subject to finalization of the assignment agreement, staff would recommend the <br />following actions: <br /> <br />• Acting as the EDA, approve the purchase agreement with Property INC. <br />• Acting as the EDA, approve the Conditional Assignment of Rights agreement with <br />the new developer. <br />• Acting as the City, pass a resolution extending the timeline for satisfaction of <br />conditions relative to Winter Estates’ PUD and plat requirements until June 1, <br />2018 in the event we decide not to proceed with the purchase of the property.