Authorizing the Certificate of Termination of Development Agreement with Threshold Otter…
Recorded in the minutes as “RESOLUTION 2026-280 authorizing the Certificate of Termination of Development Agreement with Threshold Otter Creek, LLC (amounts itemized in the minutes)”. Passed 5–0 as part of the consent agenda; Yes: Hollinrake, Shafer, Davis, Graber, Perry. Amount in the record: $228,822.32.
What this means (Development agreement): A contract between the city and a developer that spells out what each side will do.
How each member voted
| Official | Vote |
|---|---|
| Todd Shafer | Yes |
| Matt Davis | Yes |
| Dustin Graber | Yes |
| Justin Hollinrake | Yes |
| Jeff Perry | Yes |
More from the record
Item 50 of the consent agenda, recorded in the minutes as: “RESOLUTION 2026-280 authorizing the Certificate of Termination of Development Agreement with Threshold Otter Creek, LLC. Capital Improvement Projects 50. 2026 Pedestrian Ramp Improvements Program - Watercrest: approve: a) Final Change Order #1 increasing the contract amount by $36,324.00; b) Certificate of Completion; c) RESOLUTION 2026-281 accepting the public improvements with Howser Concrete Unlimited, LLC in the amount of $209,093.00; and d) Final Payment #3 in the amount of $49,922.51; Retainage Payment in the amount of $6,272.79. 51. 2026 PCC Pavement Preservation Program - SE Magazine Road Diamond Grinding: approve: a) Final Change Order #1 decreasing the contract amount by $11,612.93; b) Certificate of Completion; c) RESOLUTION 2026-282 accepting the public improvements with Interstate Improvement, Inc. in the amount of $228,822.32; and d) Final Payment #1 in the amount of $221,957.65; Retainage Payment in the amount of $6,864.67”. The council approved the whole consent agenda in one vote.
Source Full minutes for the whole Aug 17, 2026 meeting, p. 5 (saved copy) · Agenda packet · All votes at this meeting