HomeMy WebLinkAbout2016-02-09 PACKET 04.07.A.
To: EDA
From: Jennifer Levitt, Community Development Director, City Engineer
Date: January 29, 2016
Subject: Assignment of Purchase Agreement –Gardenworld, Inc to Belijah, LLC
Background/Discussion
Previously the EDA executed a Purchase Agreement with Gardenworld, Inc. The applicant
has requested to change the assignment of the purchase to Belijah, LLC. This request
requires a transfer to Belijah, LLC using the attached Assignment of Purchase Agreement.
The EDA will need to affirm the transfer to reflect the Assignment of Purchase Agreement in
order for the project to move forward.
Recommendation
It is recommended that the EDA execute the Assignment of Purchase Agreement assigning
Belijah, LLC as the purchaser.