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

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File #: 16-5838    Version: 1 Name:
Type: Resolution Status: Passed
File created: 5/4/2016 In control: City Council Regular Meeting
On agenda: 5/9/2016 Final action: 5/9/2016
Title: SECOND AMENDED AND RESTATED DEVELOPMENT AGREEMENT FOR LAS BRISAS PHASE 2 RECOMMENDATION: ADOPT RESOLUTION NO. 16-1766 APPROVING A SECOND AMENDED & RESTATED DEVELOPMENT AGREEMENT FOR LAS BRISAS PHASE 2 REGARDING THE DEVELOPMENT OF A PARCEL OF LAND GENERALLY LOCATED NEAR THE NORTHEAST CORNER OF PERRYVILLE ROAD AND BROADWAY 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 BRISAS PHASE 2; AND PROVIDING FOR AN EFFECTIVE DATE.
Attachments: 1. Staff Report, 2. Resolution and Exhibit A: Legal Description, 3. Exhibit B: Development Agreement

Title

SECOND AMENDED AND RESTATED DEVELOPMENT AGREEMENT FOR LAS BRISAS PHASE 2

RECOMMENDATION:

ADOPT RESOLUTION NO. 16-1766 APPROVING A SECOND AMENDED & RESTATED DEVELOPMENT AGREEMENT FOR LAS BRISAS PHASE 2 REGARDING THE DEVELOPMENT OF A PARCEL OF LAND GENERALLY LOCATED NEAR THE NORTHEAST CORNER OF PERRYVILLE ROAD AND BROADWAY 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 BRISAS PHASE 2; AND PROVIDING FOR AN EFFECTIVE DATE.

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PURPOSE:

The purpose of this item is to review and approve the Second Amended & Restated Development Agreement for Las Brisas Phase 2 related to the development of Las Brisas Phase 2.  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, Engineering Director)