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Coldwater council grants short extension to 10 South Monroe developers, warns of reconveyance deadline
Summary
The council voted to adopt a first amendment extending the development timeline for the 10 South Monroe project after the applicant, Cody Hawkes, requested more time to secure financing and contractors; one councilmember recorded a nay and members said activity must be evident by July 1 or the reconveyance clause could be enforced.
Coldwater Mayor Kramer and the City Council voted May 11 to adopt a first amendment to the development agreement for 10 South Monroe that extends the applicants’ completion schedule and reaffirms an existing reconveyance agreement.
City Manager Keith Baker told the council the purchasers of the property — identified in city materials as Cody Hawkes and Sydney Downey — have defaulted on the original agreement after failing to secure grant financing but said they want to continue the project. Baker said the amendment would…
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