Cedar's Bluff Development agreement extended by Afton City Council
Cedar's Bluff Homestead, which has been an ongoing saga involving Afton and the developer Len Platt Homes, was approved for a 60-day extension so that issues that have arisen because of delays caused by litigation can be reviewed.
The Cedar's Bluff Homestead development, Afton's first housing development which was approved in 2006, would be a 36-unit development which would encourage sustainability through a natural drainage system and preservation of green area.
"We believed then, and still do today, that Cedar's Bluff Homestead fits well with the city's desire to encourage, protect and preserve open space," Leonard Platt, the lead developer, said.
Platt came to the council on Jan. 20 to request a 2-year extension to complete phase 1 of the project, which is scheduled to be completed on Feb. 5.
Because of the delays caused by the litigation and other unforeseen delays caused by the poor economy and other contract negotiations, phase 1 of the project is unable to be completed on schedule.
The council agreed to extend the contract for 60 days after the Feb. 5 completion date so that the city attorney could review the development contract and resolve several issues that have arisen because of the delay.
These issues include revising the letter of credit, development of a new performance schedule, revising the plat and development plans and revising any financial terms necessary to accommodate the development's changed cost structure.
The council will revisit Pratt's extension request after those 60 days have expired.