APPROVE THE FIRST AMENDMENT TO THE SECOND AMENDED & RESTATED DEVELOPMENT AGREEMENT FOR PRADERA RECOMMENDATION: ADOPT RESOLUTION NO. 17-1782 APPROVING, AUTHORIZING, AND DIRECTING THE EXECUTION OF THE FIRST AMENDMENT TO THE SECOND AMENDED & RESTATED DEVELOPMENT AGREEMENT FOR PRADERA REGARDING THE DEVELOPMENT OF A 160.4 ACRE PARCEL GENERALLY LOCATED AT THE NORTHWEST CORNER OF CITRUS ROAD AND LOWER BUCKEYE PARKWAY, PROVIDING AUTHORIZATION AND DIRECTION TO TAKE ACTIONS AND EXECUTE DOCUMENTS NECESSARY TO CARRY OUT INTENT OF RESOLUTION AND THE FIRST AMENDMENT TO THE SECOND AMENDED & RESTATED DEVELOPMENT AGREEMENT FOR PRADERA; AND PROVIDING FOR AN EFFECTIVE DATE. PURPOSE: Extend the deadline for recording an approved final plat for Pradera for three months (from January 24, 2017 to April 24, 2017) to allow city staff, and owners of certain West Goodyear properties to negotiate details of a proposed agreement with the city. The agreement is for the construction of offsite water and sewer infrastructure in advance of development of onsite subdivision construction. (Rebecca Zook, Director of Engineering)

Committee

City Council Regular Meeting

Introduced

January 12, 2017

On agenda

January 23, 2017

Passed

January 23, 2017