MUTUAL TERMINATION OF DEVELOPMENT AGREEMENT AND OPTION TO LEASE AGREEMENT WITH GOODYEAR CIVIC CENTER DEVELOPERS, LLC RECOMMENDATION: ADOPT RESOLUTION 13-1586 APPROVING THE MUTUAL TERMINATION OF DEVELOPMENT AGREEMENT AND OPTION TO LEASE AGREEMENT WITH GOODYEAR CIVIC CENTER DEVELOPERS, LLC. PURPOSE: Due to the continued delay of the City Center Phase I projects (City Hall, 30,000 sq ft library, and related infrastructure) at the NW quadrant of Estrella Parkway and Yuma Road, the City and Goodyear Civic Center Developers, LLC are mutually requesting termination of the Development Agreement and Option to Lease Agreement approved on October 20, 2008. (Brian Dalke, City Manager)

What this record is

Held by

Goodyear Civic Center Developers, LLC

Runs until

no end date published in this record

Type

contract

Field

Real estate

Read automatically from the title of the official record. The source document below is authoritative.

Committee

City Council Regular Meeting

Introduced

November 20, 2013

On agenda

December 9, 2013

Passed

December 9, 2013