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

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File #: 17-5988    Version: 1 Name:
Type: Resolution Status: Passed
File created: 1/12/2017 In control: City Council Regular Meeting
On agenda: 1/23/2017 Final action: 1/23/2017
Title: 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.
Attachments: 1. Staff Report, 2. Resolution, 3. Agreement

Title

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.

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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)