File #: IGA 24-02    Version: 1 Name: IGA between City of Maricopa and ED3
Type: Intergovernmental Agreement Status: Passed
File created: 12/5/2023 In control: City Council Regular Meeting
On agenda: 1/16/2024 Final action: 1/16/2024
Title: The Mayor and City Council shall discuss and take action on approving an Intergovernmental Agreement between the City of Maricopa and Electrical District No. 3 regarding the extension and/or expansion of the electrical facilities necessary to develop the southern portion of the City. Discussion and Action.
Sponsors: Joshua Bowman
Attachments: 1. Intergovernmental Agreement, 2. Exhibit A - Phase 1, 3. Exhibit A - Phase 2, 4. Exhibit A - Phase 3, 5. Exhibit B

TITLE

The Mayor and City Council shall discuss and take action on approving an Intergovernmental Agreement between the City of Maricopa and Electrical District No. 3 regarding the extension and/or expansion of the electrical facilities necessary to develop the southern portion of the City. Discussion and Action.

 

AGENDA ITEM DESCRIPTION

 

Due to the ongoing development of the southern portion of the City of Maricopa, the Parties recognize there is a need to extend and/or expand the ED3 Facilities to provide the necessary electrical service to facilitate the proper development of this area.  Maricopa is willing to contribute to the necessary ED3 Facilities to help promote the economic development of the City.  In exchange for this contribution, ED3 is willing to cooperate with Maricopa to obtain reimbursement of its contribution from the landowners or developers and to provide to Maricopa any reimbursements that ED3 normally would provide to a landowner or developer who contributed to the extension and/or expansion of ED3 Facilities in this area.

This item will be presented by Josh Bowman.

 

STAFF RECOMMENDATION

Staff recommends approval of the agreement.