Vote: approved

Item Text

60. RESOLUTION FOR DEVELOPMENT AGREEMENT WITH INSIGNIA ESTATES, LLC. Approve by Resolution of Adoption the Development Agreement with Insignia Estates, LLC, an Arizona limited liability company, and Maricopa County as required by stipulation "g" of Comprehensive Plan Amendment case CPA 200604 for Insignia. CPA 200604 was approved on December 20, 2006. As a condition of the CPA approval, the applicant is required to enter into a development agreement with Maricopa County to address potential short - and long-term fiscal impacts to Maricopa County. This agreement must be approved by the Board of Supervisors prior to approval of any zone change associated with the CPA. The term of this agreement shall be ten years from the Board of Supervisors approval. This development agreement is to be recorded as required pursuant to A.R.S. 11-1101. (Supervisorial District 5) (C-44-10-037-M-00)