DEVELOPMENT AGREEMENT FOR ARROYO RANCH RECOMMENDATION: ADOPT RESOLUTION 13-1591 APPROVING, AUTHORIZING AND DIRECTING THE EXECUTION OF A DEVELOPMENT AGREEMENT FOR ARROYO RANCH; PROVIDING AUTHORIZATION AND DIRECTION TO TAKE ACTIONS AND EXECUTE DOCUMENTS NECESSARY TO CARRY OUT INTENT OF RESOLUTION AND THE DEVELOPMENT AGREEMENT; AND PROVIDING FOR AN EFFECTIVE DATE. PURPOSE: The purpose of this item is to review and approve a Development Agreement for Arroyo Ranch, an approximately 40 Acre Parcel adjacent to Estrella (formerly known as Estrella Mountain Ranch). The Development Agreement is intended to clarify that the 40 Acre Parcel is not within the land subject to any of the development agreements related to the development of Estrella and to provide for the allocation to the 40 Acre Parcel wastewater treatment capacity and a potable water supply, including transmission lines, developed pursuant to various Estrella Development Agreements. (Sarah Chilton, Assistant City Attorney)

Committee

City Council Regular Meeting

Introduced

December 3, 2013

On agenda

December 9, 2013

Passed

December 9, 2013