Vote: approved

Item Text

50. RESOLUTION OF ADOPTION FOR DEVELOPMENT AGREEMENT WITH EVEREST BETHANY NORTH, LLC Approve by Resolution of Adoption the Development Agreement with Everest Bethany North, LLC and Maricopa County. The applicant has requested to enter into a development agreement with Maricopa County to provide for the securing of the property known as Falcon View Subdivision in a condition acceptable to Maricopa County, a plan to insure such conditions going forward, and the release of the financial assurance. As part of this agreement, the owner will not apply for, nor is entitled to receive, any permit from Maricopa County until the Owner or Owner’s nominee has provided a new financial assurance that conforms to the requirements of statute, ordinance and any and all stipulations and conditions. This agreement must be approved by the Board of Supervisors prior to the release of the financial assurance associated with the subdivision, Falcon View. This development agreement is to be recorded as required pursuant to A.R.S. 11-1101. (Supervisorial District 4) (C-44-10-148-8-00)