TITLE
A Resolution of the Mayor and City Council of the City of Maricopa, Arizona, approving and adopting the Third Amendment to Development Agreement between the City of Maricopa, Hogenes Farms, an Arizona limited partnership and TRS 15, LLC, an Arizona limited liability company, in compliance with A.R.S. §9-500.05. Discussion and Action.
AGENDA ITEM DESCRIPTION
The City and Abraham and Barbara Hogenes and Hogenes Farms entered into a certain Pre-Annexation Development Agreement dated April 7, 2007 related to the annexation and development of the certain real property generally located south of the Union Pacific Railroad tracks between the Green Road alignment and the Ak-Chin Community border, Maricopa, Arizona (“Agreement”), which was amended on August 3, 2021 and further amended on September 21, 2021.
The parties now desire to amend the Agreement, First Amendment, and Second Amendment to revise the definitions of the Hogenes Farms Property and the Development Area and remove the requirements to prepay certain impact fees.
STAFF RECOMMENDATION
Staff recommends the approval of Resolution 23-45 and the Third Amendment to Hogenes Farms Development Agreement.