PROFESSIONAL_SERVICESAMENDED

Eagle Mountain City Planning Commission Agenda Packet 2026-06-23

Affordable Housing Amendment for Triumph Subdivision Approved

City of Eagle MountainBELLE STREET INVESTMENTS LLCJune 20, 2026

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Description

Eagle Mountain City and Belle Street Investments executed a Second Amendment to the Triumph Subdivision Master Development Agreement, enabling the creation of up to four affordable housing pods. The City will dedicate required water rights and waive park fees in support of affordable housing, with the HOA maintaining internal improvements. The amendment extends milestone deadlines and modifies several development parameters.

Contract Details

Vendor

BELLE STREET INVESTMENTS LLC

Agency

City of Eagle Mountain, UT

Contract Type

PROFESSIONAL_SERVICES

Document Date

June 20, 2026

Contract Term

Original MDA effective July 6, 2022; First Amendment October 16, 2024; Second Amendment anticipated executed between July–December 2026; extends deadline for benchmarks 2 years from execution, MDA expiration 6 years from Second Amendment effective date

Renewal Info

Prior MDA: July 2022. First Amendment (2024) extended build-out benchmarks. Second Amendment extends deadline for benchmarks by 2 years from Second Amendment execution; total term now 6 years from that date.