File #: RES 14-47    Version: 1 Name: Amendment to RES 14-42 Avalea DA with Property Reserve Arizona, LLC
Type: Resolution Status: Passed
File created: 9/29/2014 In control: City Council Regular Meeting
On agenda: 10/7/2014 Final action: 10/7/2014
Title: A Resolution of the Mayor and City Council of the Ctiy of Maricopa, Arizona amending Resolution 14-42 and approving and adopting the first amendment to the development agreement between the City of Maricopa and Property Reserve Arizona, LLC, an Arizona limited liability company in compliance with A.R.S. §9-500. Discussion and Action.
Sponsors: Bob Goodhue
Indexes: Well Planned Quality Growth and Development
Attachments: 1. Resolution 14-47, 2. Development Agreement
TITLE
A Resolution of the Mayor and City Council of the Ctiy of Maricopa, Arizona amending Resolution 14-42 and approving and adopting the first amendment to the development agreement between the City of Maricopa and Property Reserve Arizona, LLC, an Arizona limited liability company in compliance with A.R.S. §9-500.  Discussion and Action.
AGENDA ITEM DESCRIPTION
The Mayor and City Council approved Resolution 14-42 and the first amendment to the development agreement between the City of Maricopa and Property Reserve, Inc. on September 16.  After the action, the owner of the property notified City staff that the owner listed in the agreement was incorrect and should be Property Reserve Arizona, LLC.  Staff checked property records and verified this was the case.  The revised first amendment to the development agreement has been amended with the correct property owner designation.
This item will be presented by Development Services Director Robert J. Goodhue.
STAFF RECOMMENDATION
Staff recommends the Mayor and City Council approve amending Resolution 14-42 and approving and adopting the first amendment to the development agreement between the City of Maricopa and Property Reserve Arizona, LLC, an Arizona limited liability company in compliance with A.R.S. §9-500.