Laserfiche WebLink
<br /> <br /> STAFF REPORT <br /> <br /> <br /> <br />TO: Mayor Keis and Members of City Council <br /> <br />FROM: Joel Hanson, City Administrator <br /> <br />DATE: February 9, 2018 <br /> <br />RE: Assignment & Assumption of Conditional Assignment of Rights for Suite Living <br />of Little Canada Senior Housing <br /> <br /> <br />Since the initial Assignment & Assumption of Rights was signed in December 2017, the <br />developer for the Suite Living senior housing project has formed a new limited liability company <br />to own the property for the Suite Living of Little Canada. The developer’s attorney has <br />requested that the City sign the updated Assignment & Assumption document with the new <br />company name. <br /> <br />Staff has received a copy of the developer’s proforma and is currently reviewing. <br /> <br />Staff recommends the Council approve the Assignment & Assumption of Conditional <br />Assignment of Rights document dated January 23, 2018. <br /> <br /> <br /> <br /> <br />