SECOND AMENDED AND RESTATED DEVELOPMENT AGREEMENT FOR LAS VENTANAS RECOMMENDATION: ADOPT RESOLUTION NO.16-1762 APPROVING THE SECOND AMENDED & RESTATED DEVELOPMENT AGREEMENT FOR LAS VENTANAS REGARDING THE DEVELOPMENT OF AN APPROXIMATE 160 ACRE PARCEL GENERALLY LOCATED AT THE SOUTHEAST CORNER OF PERRYVILLE ROAD AND YUMA ROAD; PROVIDING FOR AUTHORIZATION AND DIRECTION TO TAKE ACTIONS AND EXECUTE DOCUMENTS NECESSARY TO CARRY OUT INTENT OF RESOLUTION AND THE SECOND AMENDED & RESTATED DEVELOPMENT AGREEMENT FOR LAS VENTANAS; AND PROVIDING FOR AN EFFECTIVE DATE. PURPOSE: The purpose of this item is to review and approve the Second Amended & Restated Development Agreement for Las Ventanas related to the development of Las Ventanas. 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, Director of Engineering)

Committee

City Council Regular Meeting

Introduced

April 15, 2016

On agenda

November 14, 2016

Passed

November 14, 2016