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File #: TMP -1427    Version: 1
Type: Ordinance Status: Adopted
File created: 5/23/2025 In control: City Council
On agenda: 5/27/2025 Final action: 6/3/2025
Title: City Council: A Resolution of the City Council of the City of Mount Vernon, Authorizing an Agreement Terminating Certain Covenants and Restrictions for the Previously Approved Q West Towers Project - (25 and 29 North Macquesten Parkway and 1 and 7-11 North Macquesten Parkway)
Sponsors: PSC
Attachments: 1. QWest Resolution (Termination Agreement), 2. Qwest - letter requesting Termination.docx (5.21.25), 3. QWest Termination Agreement
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Board of Estimate & Contract:

RESOLVED, that an ordinance adopted by the City Council on May 28, 2025, and signed by the Acting Mayor on May 28, 2025, authorizing an Agreement Terminating Certain Covenants and Restrictions for the Previously Approved Q West Towers Project - (25 and 29 North Macquesten Parkway and 1 and 7-11 North Macquesten Parkway); be, and the same is hereby approved.

City Council:

A RESOLUTION OF THE CITY COUNCIL OF
THE CITY OF MOUNT VERNON, AUTHORIZING
AN AGREEMENT TERMINATING CERTAIN
COVENANTS AND RESTRICTIONS FOR THE
PREVIOUSLY APPROVED Q WEST TOWERS PROJECT

WHEREAS, Q West Towers LLC ("Applicant") proposes to construct a 15-story mixed use building at 25 and 29 North Macquesten Parkway and a 13-story and cellar mixed-use building at 1 and 7-11 North Macquesten Parkway, consisting of 229 residential units and commercial space (collectively, the "Project"); and

WHEREAS, the portion of the property on which the Project would be constructed and which is the subject of this Resolution is designated on the City of Mount Vernon Tax Map as Section 164.68, Block 1073, Lots 21, 24 and 25 ("Property") (1 North Macquesten Parkway is not subject to this Resolution); and

WHEREAS, on February 9, 2022, the City Council adopted a Resolution approving the Project subject to certain conditions; and

WHEREAS, the City of Mount Vernon ("City") and Qwest LLC (an entity related to Q West Towers LLC) ("Owner") entered a certain Amended and Restated Agreement, dated June 15, 2022, which governed the sale of the Property by the City to the Owner ("Agreement"); and

WHEREAS, the City conveyed the Property to the Owner pursuant to the Agreement by Deed dated October 27, 2022, and recorded in the Westchester County Clerk's Office, Division of Land Records, on November 2, 2022, in Control Number 622283612 ("Deed"); and

WHEREAS, the Deed contains a restrictive covenant, consistent with S...

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