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AUTHORIZATION OF AMENDMENTS TO APPLICABLE DEVELOPMENT AGREEMENTS TO EXTEND EXPIRATION DATES OF EXISTING APPROVED FINAL PLATS FOR THREE WEST GOODYEAR PROPERTIES
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RECOMMENDATION:
ADOPT RESOLUTION NO. 15-1708, AUTHORIZING THE PREPARATION AND EXECUTION OF AMENDMENTS TO THE AMENDED AND RESTATED DEVELOPMENT AGREEMENT FOR PRADERA, THE AMENDED AND RESTATED DEVELOPMENT AGREEMENT FOR AMBER MEADOWS, AND THE AMENDED AND RESTATED DEVELOPMENT AGREEMENT FOR LA JOLLA VISTA, EXTENDING THE EXPIRATION DEADLINES FOR THE EXISTING APPROVED FINAL PLATS FOR PRADERA, AMBER MEADOWS, AND LA JOLLA VISTA UNTIL OCTOBER 31, 2015 AND PROVIDING FOR AN EFFECTIVE DATE.
PURPOSE:
To extend the expiration deadlines of existing approved final plats for three West Goodyear Properties, Pradera, Amber Meadows, and La Jolla Vista, while City staff and owners of property in the West Goodyear Central Planning Area work on a revised development strategy and corresponding changes to existing and future development agreements for West Goodyear Properties. (Bob Beckley, Deputy City Manager)