Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Commission approves Horizon amendments to accelerate Greenleaf Park, secures $550,000 escrow as performance assurance
Summary
The commission approved a package of amendments to the Horizon Oakland Park agreements that extend some developer permit and closing deadlines while accelerating Greenleaf Park construction to on or before March 23; the developer placed $550,000 in escrow that the city would receive with interest if the park work fails to start by the deadline.
The commission unanimously approved three related amendments on Feb. 18 to the purchase and sale and development agreements with Horizon Oakland Park LLC, intended to reconcile permitting and financing timing while expediting the construction of Greenleaf Park.
Renee Miller and Assistant City Manager Andrew Thompson presented the amendments, which push some permit and closing dates to allow the developer more time to finalize city permits and financing while providing city-side protections in return. Notably, the developer agreed to begin Greenleaf Park construction on or…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
