File #: RES 23-74    Version: 1 Name: Exchange of Right of Way. Maricopa Investments LLC
Type: Resolution Status: Passed
File created: 11/21/2023 In control: City Council Regular Meeting
On agenda: 12/5/2023 Final action: 12/5/2023
Title: A Resolution of the Mayor and City Council of the City of Maricopa, Arizona, exchanging a portion of right-of-way in Section 28 of Township 4 South, Range 3 East of the Gila and Salt River base and meridian, generally located west of the current alignment of N. Maricopa Rd. alignment south of W. Honeycutt Ave. for a portion of real property generally located at the southwest corner of the intersection of W. Honeycutt Ave. and N. Maricopa Rd. within the City of Maricopa incorporated limits.  Discussion and Action.
Sponsors: Development Services
Indexes: Community Resources and Quality of Life Amenities, Economic Development, Safe and Livable Community , Well Planned Quality Growth and Development
Attachments: 1. Resolution, 2. Exhibit A, 3. Exhibit B, 4. Exhibit C, 5. Legal Descriptions
Related files: RES 24-09

TITLE

A Resolution of the Mayor and City Council of the City of Maricopa, Arizona, exchanging a portion of right-of-way in Section 28 of Township 4 South, Range 3 East of the Gila and Salt River base and meridian, generally located west of the current alignment of N. Maricopa Rd. alignment south of W. Honeycutt Ave. for a portion of real property generally located at the southwest corner of the intersection of W. Honeycutt Ave. and N. Maricopa Rd. within the City of Maricopa incorporated limits.  Discussion and Action.

 

AGENDA ITEM DESCRIPTION

Maricopa Investments, LLC will exchange a portion of real property in Section 28 of Township 4 South, Range 3 East of the Gila and Salt River Base and Meridian, generally located at the southwest corner of the intersection of W. Honeycutt Ave. and N. Maricopa Rd. for a portion of right-of-way in Section 28 of Township 4 South, Range 3 East of the Gila and Salt River Base and Meridian, generally located west of the current alignment of N. Maricopa Road south of W. Honeycutt Ave. Maricopa Investiments, LLC (or its successors or assigns) also agrees to reimburse the City for 50% of the costs of the installation of the improvements at W. Honeycutt Ave. and N. Maricopa Rd. when the real property generally known as Assessor Parcel No. 510-29-001B is developed.

 

This item will be presented by City Engineer Eduardo Raudales.

 

STAFF RECOMMENDATION

Staff recommends approval of Resolution 23-74 and the Roadway Exchange Agreement.