OTHERAMENDED

Town of Granby Board of Trustees Agenda Packet 2026-06-09

Buckhorn Lots Development Contract Extended to 2028

$85,000Town of GranbyHIGH COUNTRY DEVELOPMENT LLCJune 9, 2026

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Description

The Town of Granby Board of Trustees approved a sixth amendment with High Country Development, LLC, extending the deadline for infrastructure completion and lot closings in the Buckhorn project to October 2028. The contract amendments have extended original deadlines from 2021 to now 2028, reflecting ongoing negotiations and project contingencies. If the developer does not complete requirements by the new dates, open space tracts will revert to the district.

Contract Details

Contract Amount

$85,000

Vendor

HIGH COUNTRY DEVELOPMENT LLC

Agency

Town of Granby, MN

Contract Type

OTHER

Document Date

June 9, 2026

Contract Term

Original contract dated May 21, 2021 with multiple amendments; latest extension to October 31, 2028 for infrastructure completion and December 31, 2028 for closing on remaining units

Renewal Date

2028-12-31

Renewal Info

Prior amendments: Oct. 2021, May 2022, Dec. 2022, Nov. 2023, Dec. 2024. 6th amendment extends infrastructure deadline for Block 6 to October 31, 2028, and all final closings to December 31, 2028. If requirements are unmet, interest in common open space reverts to seller. No automatic renewal.