Vote: approved

Item Text

47. DEVELOPMENT AGREEMENT WITH BELMONT PARTNERS Approve the Development Agreement with Belmont Partners as required by stipulation "m" of Development Master Plan case DMP2007009, approved by the Board on June 18, 2008. As a condition of the DMP 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 prior to approval of any rezoning associated with the DMP. The term of this agreement shall be 30 years from the date of Board approval. This development agreement is to be recorded as required pursuant to A.R.S. 11-1101. (Supervisorial District 4 & 5) (C-44-13-007-M-00)