TITLE
A Resolution of the Mayor and City Council of the City of Maricopa, Arizona, approving and adopting the Second 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.
The parties now desire to amend the Agreement and First Amendment to remove the Permit Restriction, address payment of transportation impact fees and to prepare for the development of a portion of the property generally now known as Hogenes Farms.
STAFF RECOMMENDATION
Staff recommends the approval of Resolution 21-39 and the Second Amendment to Hogenes Farms Development Agreement.