City Council

12.\nAssignment and Assumption Agreement Related\nAgreement for the Three Palms Apartments Project\nto\nthe\nDensity\nBonus\nRecommended Action:\nIt is recommended that the City Council adopt Resolution No. 2025-22,\napproving the Assignment and Assumption Agreement related to the previously\nexecuted Density Bonus and Incentive Agreement for the Three Palms\nApartments development, and authorizing the City Manager to execute all\nrelated documents.\nStaff Person:\nEconomic Development Supervisor Eydee Jimenez and Director of\nDevelopment Services Nathan Freeman\nAttachments:\nSR Assignment & Assumption Agreement Three Palms Apartments 6-17-2025\nResolution 2025-22\nAttachment 2 - Assignment and Assumption Agreement\nAttachment 3 - Density Bonus Agreement and Incentive Agreement