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Council authorizes conditional permit extensions to enable sale of Sundar Phase 1; vote 5–2
Summary
After presentations from the seller (Milestone) and buyer (Embry Development), Lafayette City Council approved a resolution authorizing a sixth amendment to the Sundar development agreement that extends Phase 1 building permits to enable the purchaser to close and begin construction, conditioned on a city‑approved release of claims and technical terms; measure passed 5–2.
Lafayette City Council on April 7 approved a resolution to facilitate the potential sale of the approved Sundar Apartments Phase 1 by authorizing a time‑limited extension of the project’s expiring building permits.
Lede: The vote allows Milestone Sundar GP to assign Phase 1 to buyer Embry Development and extends Phase 1 building permits so that a closing and vertical construction can proceed, subject to a release of claims in a form acceptable to the city attorney.
Nut graf: The council’s action responds to a joint request from the current owner, Milestone, and a potential purchaser, Embry Development. Embry told council it is under contract, pursuing financing and prepared to self‑perform construction; Milestone and staff said certain technical and legal clean‑ups are necessary if ownership changes…
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