File #: RES 23-77    Version: 1 Name: Resolution for a development agreement with Thompson Thrift
Type: Resolution Status: Consent Agenda
File created: 12/7/2023 In control: City Council Regular Meeting
On agenda: 12/12/2023 Final action: 12/12/2023
Title: A Resolution of the Mayor and City Council of the City of Maricopa, Arizona, approving and adopting a Development Incentive Agreement between the City of Maricopa, TTRG AZ Maricopa Honeycutt 1, LLC, a Delaware limited liability company, TTRG AZ Maricopa Honeycutt 2, LLC, a Delaware limited liability company, TTRG AZ Maricopa Honeycutt 3, LLC, a Delaware limited liability company, TTRG AZ Maricopa Honeycutt 4, LLC, a Delaware limited liability company, TTRG AZ Maricopa Honeycutt 5, LLC, a Delaware limited liability company, TTRG AZ Maricopa Honeycutt 6, LLC, a Delaware limited liability company, TTRG AZ Maricopa Honeycutt 7, LLC, a Delaware limited liability company, and Thompson Thrift Development, Inc., an Indiana corporation in compliance with A.R.S. §9-500.05. Discussion and Action.
Sponsors: Joshua Bowman
Attachments: 1. Development Agreement, 2. Resolution
Related files: CON 24-29, RES 25-13

TITLE

A Resolution of the Mayor and City Council of the City of Maricopa, Arizona, approving and adopting a Development Incentive Agreement between the City of Maricopa, TTRG AZ Maricopa Honeycutt 1, LLC, a Delaware limited liability company, TTRG AZ Maricopa Honeycutt 2, LLC, a Delaware limited liability company, TTRG AZ Maricopa Honeycutt 3, LLC, a Delaware limited liability company, TTRG AZ Maricopa Honeycutt 4, LLC, a Delaware limited liability company, TTRG AZ Maricopa Honeycutt 5, LLC, a Delaware limited liability company, TTRG AZ Maricopa Honeycutt 6, LLC, a Delaware limited liability company, TTRG AZ Maricopa Honeycutt 7, LLC, a Delaware limited liability company, and Thompson Thrift Development, Inc., an Indiana corporation in compliance with A.R.S. §9-500.05.  Discussion and Action.

 

AGENDA ITEM DESCRIPTION

Development Agreement with Thompson Thrift.

 

STAFF RECOMMENDATION

Staff recommends approval of Resolution No. 23-77 and the Development Incentive Agreement for the Southbridge Marketplace.