DEVELOPMENT AGREEMENT FOR COTTON COMMONS RECOMMENDATION: ADOPT RESOLUTION NO. 16-1756 APPROVING THE DEVELOPMENT AGREEMENT FOR COTTON COMMONS REGARDING THE DEVELOPMENT OF AN APPROXIMATE 40 ACRE PARCEL GENERALLY LOCATED AT THE SOUTHWEST CORNER OF LOWER BUCKEYE ROAD AND THE 173RD ALIGNMENT ONE QUARTER MILE WEST OF COTTON LANE; PROVIDING FOR AUTHORIZATION AND DIRECTION TO TAKE ACTIONS AND EXECUTE DOCUMENTS NECESSARY TO CARRY OUT INTENT OF RESOLUTION AND THE DEVELOPMENT AGREEMENT FOR COTTON COMMONS; AND PROVIDING FOR AN EFFECTIVE DATE. PURPOSE: The purpose of this item is to review and approve the Development Agreement for Cotton Commons related the development of Cotton Commons. This is one of the agreements that Council was told would be forthcoming during the update that was provided to Council in October 2015 regarding the development within the West Goodyear Central Planning Area. (Rebecca Zook, Engineering Director)

Committee

City Council Regular Meeting

Introduced

April 12, 2016

On agenda

June 13, 2016

Passed

June 13, 2016