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Goodyear City Hall
190 N. Litchfield Rd.

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File #: 15-5687    Version: 1 Name:
Type: Resolution Status: Passed
File created: 9/24/2015 In control: City Council Regular Meeting
On agenda: 10/5/2015 Final action: 10/5/2015
Title: FOURTH AMENDMENT TO AMENDED & RESTATED DEVELOPMENT AGREEMENT FOR PRADERA RECOMMENDATION: ADOPT RESOLUTION NO. 15-1724 APPROVING, AUTHORIZING AND DIRECTING THE EXECUTION OF THE FOURTH AMENDMENT TO THE AMENDED AND RESTATED DEVELOPMENT AGREEMENT FOR PRADERA; PROVIDING AUTHORIZATION AND DIRECTION TO TAKE ACTIONS AND EXECUTE DOCUMENTS NECESSARY TO CARRY OUT INTENT OF RESOLUTION AND FOURTH AMENDMENT; AND PROVIDING FOR AN EFFECTIVE DATE.
Attachments: 1. Staff Report, 2. Resolution, 3. Amendment

Title

FOURTH AMENDMENT TO AMENDED & RESTATED DEVELOPMENT AGREEMENT FOR PRADERA

RECOMMENDATION:

ADOPT RESOLUTION NO. 15-1724 APPROVING, AUTHORIZING AND DIRECTING THE EXECUTION OF THE FOURTH AMENDMENT TO THE AMENDED AND RESTATED DEVELOPMENT AGREEMENT FOR PRADERA; PROVIDING AUTHORIZATION AND DIRECTION TO TAKE ACTIONS AND EXECUTE DOCUMENTS NECESSARY TO CARRY OUT INTENT OF RESOLUTION AND FOURTH AMENDMENT; AND PROVIDING FOR AN EFFECTIVE DATE.

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PURPOSE:

The purpose of this item is to review and approve a Fourth Amendment to the Amended & Restated Development Agreement for Pradera, which amends the terms of the Amended & Restated Development Agreement for Pradera to extend the deadlines for the recordation of the existing and approved final plat for Pradera. (Sarah Chilton, Assistant City Attorney)