ADOPT RESOLUTION 13-1564 APPROVING AMENDED & RESTATED DEVELOPMENT AGREEMENT FOR LAS PALMAS RECOMMENDATION: ADOPT RESOLUTION 13-1564 APPROVING AND AUTHORIZING AND DIRECTING EXECUTION OF AN AMENDED & RESTATED DEVELOPMENT AGREEMENT REGARDING DEVELOPMENT OF AN APPROXIMATE 273 ACRE PARCEL GENERALLY LOCATED EAST OF PERRYVILLE ROAD, WEST OF CITRUS ROAD, SOUTH OF ROOSEVELT ROAD AND NORTH OF VAN BUREN STREET (LAS PALMAS); PROVIDING AUTHORIZATION AND DIRECTION TO TAKE ACTIONS AND EXECUTE DOCUMENTS NECESSARY TO CARRY OUT INTENT OF RESOLUTION AND AGREEMENT; AND PROVIDING FOR AN EFFECTIVE DATE. PURPOSE: The purpose of this item is to review and approve an Amended & Restated Development Agreement related the development of Las Palmas, which is to replace and supersede an existing development agreement that was entered pursuant to the terms of a Memorandum of Understanding between the City and owners of sixteen properties located within the West Goodyear Central Planning Area, including the owners of Las Palmas. This is one of the agreements that Council was told would be forthcoming during the update that was provided Council on May 13, 2013 regarding the development within the West Goodyear Central Planning Area. (Joe Schmitz, Planning Manager)

Committee

City Council Regular Meeting

Introduced

September 27, 2013

On agenda

October 7, 2013

Passed

October 7, 2013