File #: RES 12-58    Version: 1 Name: Sonoran Creek Development Agreement
Type: Resolution Status: Passed
File created: 6/29/2012 In control: City Council Regular Meeting
On agenda: 7/17/2012 Final action: 7/17/2012
Title: A Resolution of the Mayor and City Council of the City of Maricopa, Arizona, approving and adopting a development agreement between the City of Maricopa and Sonoran Creek, L.L.C. in compliance with A.R.S. §9-500.05. Discussion and action. Related to IGA 12-008.
Sponsors: Chris Salas
Indexes: Economic Development
Attachments: 1. Development Agreement, 2. Resolution, 3. Presentation, 4. Presentation as PDF
Related files: IGA 12-008
TITLE
A Resolution of the Mayor and City Council of the City of Maricopa, Arizona, approving and adopting a development agreement between the City of Maricopa and Sonoran Creek, L.L.C. in compliance with A.R.S. §9-500.05. Discussion and action. Related to IGA 12-008.

AGENDA ITEM DESCRIPTION
The project, Sonoran Creek, is a proposed commercial site and will consist of various retail buildings, drainage facilities, and open spaces. The site is irregular in shape, consisting of approximately 18 acres, and is surrounded by residential and commercial development.

The site is located within the limits of the City of Maricopa, Arizona, in Pinal County. The site is bounded by Edison Road on the north, Hathaway Avenue on the south, John Wayne Parkway on the east, and Wilson Avenue on the west. The proposed Sonoran Creek commercial development is located within the existing Flood Zone "AO," with a flood depth of 1 foot. In order for Sonoran Creek to develop, the site must be removed from the Floodplain.

There are many different types of floodplains and several have different requirements for development to occur in the Floodplain. Depending on the site topography and the depth of the Floodplain, different types of mitigation may have to be employed to guarantee "no adverse impacts." Sonoran Creek’s design incorporates a channel to pass storm water flows from the south side of the development to the north at an elevation required to meet the FEMA, State of Arizona, and Pinal County regulations. Without this agreement, the site cannot develop as a retail/commercial development, due to the federal regulations.

Sonoran Creek has designed and engineered a flood control solution that has received a Conditional Letter of Map Revision (Sonoran Creek CLOMR) from the Federal Emergency Management Agency (FEMA) that removes the property from the floodplain. In order to remove the property from the floodplain, Sonoran Creek secured approval of flood mitigation plans by FEMA whic...

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