City of Temecula header
File #: AR-21-576    Version: 1 Name:
Type: Council - Business Status: Agenda Ready
File created: 10/26/2021 In control: City Council
On agenda: 11/9/2021 Final action:
Title: Approve Assignment and Assumption Agreement for Transfer of Rights and Obligations of Development Agreement Between City of Temecula and Temecula West Village, LLC and Settlement Agreement from Temecula Valley West, LLC to SBT Altair, LLC
Attachments: 1. Agenda Report, 2. Agreement
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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title

Approve Assignment and Assumption Agreement for Transfer of Rights and Obligations of Development Agreement Between City of Temecula and Temecula West Village, LLC and Settlement Agreement from Temecula Valley West, LLC to SBT Altair, LLC

recommendation

That the City Council approve an Assignment and Assumption Agreement for Transfer of Rights and Obligations of Development Agreement between City of Temecula and Temecula West Village (TWV), LLC dated January 9, 2018 and Settlement Agreement dated October 26, 2020, from Temecula Valley West, LLC to SBT Altair, LLC.