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Council discusses potential reacquisition of former Fox property after developer failed to proceed
Summary
Staff briefed the council on a development agreement with 3 Chicks Rentals LLC for the former Fox property; the developer failed to submit a site plan by the required date, and staff asked whether council wants the reacquisition price included in the fiscal‑27 budget.
The council discussed the former Fox property and the city’s development agreement with 3 Chicks Rentals LLC, which required the developer to submit a site plan prior to Nov. 21, 2023. Staff reported the developer did not meet that requirement and has acknowledged they will not develop the site. The agreement and its April 2023 amendment leave a…
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