Public Meeting Notice Location:
Goodyear City Hall
190 N. Litchfield Rd.

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File #: 13-4970    Version: 1 Name:
Type: Contract Status: Passed
File created: 5/31/2013 In control: City Council Regular Meeting
On agenda: 6/24/2013 Final action:
Title: APPROVE REIMBURSEMENT AGREEMENT WITH BT GOODYEAR, L.L.C. FOR PUBLIC INFRASTRUCTURE IMPROVEMENTS TO S. COTTON LANE RECOMMENDATION: Approve and authorize the City Manager to execute a Reimbursement Agreement with BT Goodyear L.L.C., authorizing the reimbursement payment of $89,673.16 for public infrastructure improvements to South Cotton Lane near the Broadway Industrial Park at 17300 W. Broadway Road in the City of Goodyear, Maricopa County, Arizona. PURPOSE: In August of 2011, in connection with the negotiation of an economic incentive agreement, the City entered into negotiations with BT Goodyear, L.L.C. for improvements to public infrastructure, specifically the construction of a decel lane on South Cotton Lane. BT Goodyear, L.L.C., owner of the Broadway Industrial Park, is the proposed beneficiary of reimbursements pertaining to decel lane construction costs. The decel lane was constructed under public procurement procedures at the request of the City. The total cost of design and...
Attachments: 1. Staff Report
TITLE
APPROVE REIMBURSEMENT AGREEMENT WITH BT GOODYEAR, L.L.C. FOR PUBLIC INFRASTRUCTURE IMPROVEMENTS TO S. COTTON LANE
RECOMMENDATION:
Approve and authorize the City Manager to execute a Reimbursement Agreement with BT Goodyear L.L.C., authorizing the reimbursement payment of $89,673.16 for public infrastructure improvements to South Cotton Lane near the Broadway Industrial Park at 17300 W. Broadway Road in the City of Goodyear, Maricopa County, Arizona.
 
PURPOSE:
In August of 2011, in connection with the negotiation of an economic incentive agreement,  the City entered into negotiations with BT Goodyear, L.L.C. for improvements to public infrastructure, specifically the construction of a decel lane on South Cotton Lane. BT Goodyear, L.L.C., owner of the Broadway Industrial Park, is the proposed beneficiary of reimbursements pertaining to decel lane construction costs. The decel lane was constructed under public procurement procedures at the request of the City. The total cost of design and construction was $89,673.16. (Harry Paxton, Economic Development Project Manager)