Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Development Agreements topic
No spam. Unsubscribe anytime.
Council approves Performance‑in‑Lieu agreement with Woodside Homes for Meadowbrook TOD Phase 4
Summary
American Fork City Council authorized a Performance‑in‑Lieu Agreement with Woodside Homes of Utah LLC for Meadowbrook TOD Phase 4, allowing construction in lieu of a traditional improvements guarantee and authorizing the mayor to execute the documents.
The council approved a Performance‑in‑Lieu Agreement with Woodside Homes of Utah LLC for Meadowbrook TOD Phase 4, allowing the developer to proceed with actual construction in lieu of providing the usual Improvements Construction Guarantee. Council Member Ernie John moved to approve the agreement and authorize the mayor to sign the documents; Council Member Tim Holley seconded the motion, which passed unanimously among those present.
The agreement was presented as Item 1 under action items and was recorded as approved without amendment. The council did not record a specific dollar figure in the discussion for this agreement during the meeting minutes; follow‑up documentation in city files will contain the full agreement language and financial terms.
