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agenda-report Partial Assignment and Assumption - Pereira Development Agreement

Ripon City Council
September 13, 2022

Document
agenda-report Partial Assignment and Assumption - Pereira Development Agreement
Meeting
September 13, 2022
Body
Ripon City Council
Original file
133 KB
Text extracted from the city's file for reading and search. Open the original on riponcityca.iqm2.com. That file is the official record.

City Council
259 N. Wilma Avenue
Ripon, CA 95366
MEMO
To: Honorable City Council
From: Ken Zuidervaart, Planning Director
Date: 09/13/2022
Subject: Partial Assignment and Assumption Agreement - Periera RECOMMENDED ACTION:

Consent to the Assignment and Assumption Agreement allowing Ray and Pam Davidson to purchase a portion of the Pereira residential development project and land from Gregory and Donna Miller located at 22874 S. North Ripon Road (APN: 261-210-09) and authorize the Mayor to sign the acknowledgement and acceptance by the City.

DISCUSSION/ANALYSIS:

The Pereira residential development project was initially approved on April 14, 2020 and a Development Agreement was entered into between the City of Ripon and HPG Ripon Development LLC and Pereira Properties, a California general partnership and Gregory R. and Donna L. Miller, husband and wife as Joint Tenants. The development project is located just north of Boesch Drive between North Ripon Road and John Roos Avenue. The project is a low density single family home development project containing forty-seven (47) homes.

On August 29, 2022 the City received a request to assign the Miller’s portion of the Development Agreement to Ray and Pam Davidson, who have entered into a purchase agreement with the Miller’s for their property/home. The attached assignment and assumption agreement allows for this transaction.

Attachments:

1. Assignment and Assumption of DA - Miller to Davidson

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