Attachment D - PC Summary - Z-18-20-8

City of Phoenix — Formal (2020-09-02)

View PDF Meeting page

Extracted text (via pymupdf) 7208 characters
5(32572)3/$11,1*&200,66,21$&7,21
$XJXVW

,7(012

',675,&712
68%-(&7

$SSOLFDWLRQ
=
/RFDWLRQ
1RUWKZHVWFRUQHURIWK6WUHHWDQG:DVKLQJWRQ6WUHHW
)URP
&72'DQG&72'
7R
:8&RGH7(*
$FUHDJH

3URSRVDO
0XOWLIDPLO\UHVLGHQWLDOZLWKJURXQGIORRUUHWDLO
$SSOLFDQW
:LWKH\0RUULV3/& *HRUJH3DVTXHO,,,
2ZQHU
8UEDQ3KRHQL[+ROGLQJ//&
5HSUHVHQWDWLYH :LWKH\0RUULV3/& *HRUJH3DVTXHO,,,

$&7,216

6WDII5HFRPPHQGDWLRQ$SSURYDOVXEMHFWWRVWLSXODWLRQV

9LOODJH3ODQQLQJ&RPPLWWHH93&5HFRPPHQGDWLRQ
&HQWUDO&LW\$SSURYDOSHUWKHVWDIIUHFRPPHQGDWLRQ9RWH

3ODQQLQJ&RPPLVVLRQ5HFRPPHQGDWLRQ$SSURYDOSHUWKH&HQWUDO&LW\9LOODJH3ODQQLQJ
&RPPLWWHHUHFRPPHQGDWLRQ

0RWLRQ'LVFXVVLRQ1$

0RWLRQGHWDLOV&RPPLVVLRQHU6KDQNPDGHD027,21WRDSSURYH=SHUWKH
&HQWUDO&LW\9LOODJH3ODQQLQJ&RPPLWWHHUHFRPPHQGDWLRQ


0DNHU6KDQN

6HFRQG0RQWDOYR

9RWH

$EVHQW*RUUDL]+RZDUG


2SSRVLWLRQ3UHVHQW1R

)LQGLQJV


7KHSURSRVDOLVFRQVLVWHQWZLWKWKHVXUURXQGLQJHQWLWOHPHQWVDQGDSSURYHG
SROLF\SODQV



7KLVLQILOOSURSRVDOSURYLGHVDQHZKRXVLQJRSWLRQWRFRQWULEXWHWRWKHPL[RI
KRXVLQJW\SHVLQWKHDUHD



7KHSURSRVHGLQFUHDVHGVFDOHDQGLQWHQVLW\LVVXSSRUWHGE\WKH72'6WUDWHJLF
3ROLF\)UDPHZRUNDQGWKH(DVWODNH*DUILHOG72'3ROLF\3ODQLQSUR[LPLW\WR
WKHOLJKWUDLOFRUULGRU

Attachment D

6WLSXODWLRQV


$OOWUHHVUHTXLUHGSHU6HFWLRQVKDOOEHDPLQLPXPRILQFKFDOLSHUODUJH
FDQRS\VLQJOHWUXQNVKDGHWUHHVDVDSSURYHGE\WKH3ODQQLQJDQG'HYHORSPHQW
'HSDUWPHQW:KHQSRVVLEOHWKHGHYHORSHUVKRXOGXVHH[LVWLQJWUHHVDQG
ODQGVFDSLQJWRPHHWWKHODQGVFDSLQJUHTXLUHPHQWV



$OOUHTXLUHGELF\FOHSDUNLQJSHU6HFWLRQ+RIWKH3KRHQL[=RQLQJ
2UGLQDQFHVKDOOEHVHFXUHGSDUNLQJ,QDGGLWLRQDPLQLPXPRIVL[LQYHUWHG8
ELF\FOHUDFNVVSDFHVDUWLVWLFVW\OHUDFNVLQDGKHUHQFHWRWKH&LW\RI3KRHQL[
3UHIHUUHG'HVLJQVLQ$SSHQGL[.RUWKH&RPSUHKHQVLYH%LF\FOH0DVWHU3ODQRU
2XWGRRU&RYHUHG%LF\FOH)DFLOLWLHVVKDOOEHSURYLGHGIRUJXHVWV7KHVHIDFLOLWLHV
VKDOOEHORFDWHGQHDUEXLOGLQJHQWUDQFHVDQGLQVWDOOHGSHUWKHUHTXLUHPHQWVRI
6HFWLRQ+RIWKH=RQLQJ2UGLQDQFHDQGDSSURYHGE\WKH3ODQQLQJDQG
'HYHORSPHQW'HSDUWPHQW



$ELF\FOHUHSDLUVWDWLRQ³IL[LWVWDWLRQ´VKDOOEHSURYLGHGRQWKHVLWHRUZLWKLQWKH
PDLQEXLOGLQJ7KHVWDWLRQVKDOOLQFOXGHEXWQRWOLPLWHGWRVWDQGDUGUHSDLUWRROV
DIIL[HGWRWKHVWDWLRQDWLUHJDXJHDQGSXPSDQGDELF\FOHUHSDLUVWDQGZKLFK
DOORZVSHGDOVDQGZKHHOVWRVSLQIUHHO\ZKLOHPDNLQJDGMXVWPHQWVWRWKHELNHDV
DSSURYHGE\WKH3ODQQLQJDQG'HYHORSPHQW'HSDUWPHQW,QWKHHYHQWWKHVLWH
GRHVQRWGHYHORSDVPXOWLIDPLO\UHVLGHQFHVDOWHUQDWHWUDQVLWRULHQWHG
GHYHORSPHQWDPHQLWLHVPD\EHDSSURYHGE\WKH3ODQQLQJDQG'HYHORSPHQW
'HSDUWPHQW



5LJKWRIZD\VKDOOEHGHGLFDWHGDQGDWUDQVLWSDGVKDOOEHFRQVWUXFWHGZLWKD
PLQLPXPGHSWKRIIHHW6WDQGDUG'HWDLO3DORQJVRXWKERXQGWK6WUHHW
QRUWKRI:DVKLQJWRQ6WUHHWDVDSSURYHGE\WKH3ODQQLQJDQG'HYHORSPHQW
'HSDUWPHQW7KHWUDQVLWSDGVKDOOEHORFDWHGQRWOHVVWKDQIHHWQRUWKRIWKH
LQWHUVHFWLRQRIWK6WUHHWDQG:DVKLQJWRQ6WUHHW)LQDOSODFHPHQWRIEXVVWRS
SDGVKDOOEHDSSURYHGE\WKH3XEOLF7UDQVLW'HSDUWPHQW



7KHULJKWRIZD\DQGWUDQVLWSDGZLWKDPLQLPXPGHSWKRIWHQIHHW6WDQGDUG
'HWDLO3VKDOOEHUHWDLQHGDORQJZHVWERXQG:DVKLQJWRQ6WUHHWZHVWRIWK
6WUHHWDVDSSURYHGE\WKH3ODQQLQJDQG'HYHORSPHQW'HSDUWPHQW7KHWUDQVLW
SDGVKDOOEHVSDFHGIURPWKHLQWHUVHFWLRQRIWK6WUHHWDQG:DVKLQJWRQ6WUHHW
DFFRUGLQJWR&LW\RI3KRHQL[6WDQGDUG'HWDLO3DVDSSURYHGE\WKH3XEOLF
7UDQVLW'HSDUWPHQW



7KHGHYHORSHUVKDOOSURYLGHFOHDUO\GHILQHGDFFHVVLEOHSDWKZD\VFRQVWUXFWHGRI
GHFRUDWLYHSDYHUVVWDPSHGRUFRORUHGFRQFUHWHRURWKHUSDYHPHQWWUHDWPHQW
WKDWYLVXDOO\FRQWUDVWVZLWKWKHDGMDFHQWSDUNLQJDQGGULYHDLVOHVXUIDFHVDV
DSSURYHGE\WKH3ODQQLQJDQG'HYHORSPHQW'HSDUWPHQW



3ULRUWRILQDOVLWHSODQDSSURYDOWKHGHYHORSHUVKDOOIXQGDQGVXEPLWDQDSSURYHG
VWULSLQJSODQIRUDKLJKYLVLELOLW\SHGHVWULDQFURVVZDONDFURVVWK6WUHHWDQG
:DVKLQJWRQ6WUHHWDVDSSURYHGE\WKH6WUHHW7UDQVSRUWDWLRQ'HSDUWPHQW



7KHGHYHORSHUVKDOOSURYLGHDPLQLPXPIRRWZLGHODQGVFDSHDUHDEHWZHHQ
WKHVLGHZDONDQGEDFNRIFXUEDORQJWK6WUHHWDVDSSURYHGE\WKH3ODQQLQJ
DQG'HYHORSPHQW'HSDUWPHQW




7KHGHYHORSHUVKDOOLPSURYHWKHDOOH\SHUWKHORFDOVWUHHWSDYLQJVWDQGDUGVIRU
WKHHQWLUHOHQJWKRIWKHVLWHDVDSSURYHGE\WKH3ODQQLQJDQG'HYHORSPHQW
'HSDUWPHQW



7KHGHYHORSHUVKDOOSURYLGHDPLQLPXPSHUFHQWVKDGHGSHGHVWULDQSDWKZD\
IURPWKHPDLQEXLOGLQJHQWUDQFHWRWKHEXVVWRSDORQJ:DVKLQJWRQ6WUHHWDV
DSSURYHGE\WKH3ODQQLQJDQG'HYHORSPHQW'HSDUWPHQW



7KHGHYHORSHUVKDOOFRQVWUXFWDOOVWUHHWVZLWKLQDQGDGMDFHQWWRWKHGHYHORSPHQW
ZLWKSDYLQJFXUEJXWWHUVLGHZDONFXUEUDPSVVWUHHWOLJKWVPHGLDQLVODQGV
ODQGVFDSLQJDQGRWKHULQFLGHQWDOVDVSHUSODQVDSSURYHGE\WKH3ODQQLQJDQG
'HYHORSPHQW'HSDUWPHQW$OOLPSURYHPHQWVVKDOOFRPSO\ZLWKDOO$'$
DFFHVVLELOLW\VWDQGDUGV



7KHGHYHORSHUVKDOOSURYLGHD1R+D]DUG'HWHUPLQDWLRQIRUWKHSURSRVHG
GHYHORSPHQWIURPWKH)$$SXUVXDQWWRWKH)$$¶V)RUPREVWUXFWLRQ
DQDO\VLVUHYLHZSURFHVVSULRUWRFRQVWUXFWLRQSHUPLWDSSURYDODVSHUSODQV
DSSURYHGE\WKH3ODQQLQJDQG'HYHORSPHQW'HSDUWPHQW



7KHSURSHUW\RZQHUVKDOOUHFRUGGRFXPHQWVWKDWGLVFORVHWKHH[LVWHQFHDQG
RSHUDWLRQDOFKDUDFWHULVWLFVRI3KRHQL[6N\+DUERU$LUSRUWWRIXWXUHRZQHUVRU
WHQDQWVRIWKHSURSHUW\7KHIRUPDQGFRQWHQWRIVXFKGRFXPHQWVVKDOOEH
DFFRUGLQJWRWKHWHPSODWHVDQGLQVWUXFWLRQVSURYLGHGZKLFKKDYHEHHQUHYLHZHG
DQGDSSURYHGE\WKH&LW\$WWRUQH\



7KHGHYHORSHUVKDOOJUDQWDQGUHFRUGDQDYLDWLRQHDVHPHQWWRWKH&LW\RI3KRHQL[
IRUWKHVLWHSHUWKHFRQWHQWDQGIRUPSUHVFULEHGE\WKH&LW\$WWRUQH\SULRUWRILQDO
VLWHSODQDSSURYDO



,IGHWHUPLQHGQHFHVVDU\E\WKH3KRHQL[$UFKDHRORJ\2IILFHWKHDSSOLFDQWVKDOO
FRQGXFW3KDVH,GDWDWHVWLQJDQGVXEPLWDQDUFKDHRORJLFDOVXUYH\UHSRUWRIWKH
GHYHORSPHQWDUHDIRUUHYLHZDQGDSSURYDOE\WKH&LW\$UFKDHRORJLVWSULRUWR
FOHDULQJDQGJUXEELQJODQGVFDSHVDOYDJHDQGRUJUDGLQJDSSURYDO



,I3KDVH,GDWDWHVWLQJLVUHTXLUHGDQGLIXSRQUHYLHZRIWKHUHVXOWVIURPWKH
3KDVH,GDWDWHVWLQJWKH&LW\$UFKDHRORJLVWLQFRQVXOWDWLRQZLWKDTXDOLILHG
DUFKDHRORJLVWGHWHUPLQHVVXFKGDWDUHFRYHU\H[FDYDWLRQVDUHQHFHVVDU\WKH
DSSOLFDQWVKDOOFRQGXFW3KDVH,,DUFKDHRORJLFDOGDWDUHFRYHU\H[FDYDWLRQV



,QWKHHYHQWDUFKDHRORJLFDOPDWHULDOVDUHHQFRXQWHUHGGXULQJFRQVWUXFWLRQWKH
GHYHORSHUVKDOOLPPHGLDWHO\FHDVHDOOJURXQGGLVWXUELQJDFWLYLWLHVZLWKLQDIRRW
UDGLXVRIWKHGLVFRYHU\QRWLI\WKH&LW\$UFKDHRORJLVWDQGDOORZWLPHIRUWKH
$UFKDHRORJ\2IILFHWRSURSHUO\DVVHVVWKHPDWHULDOV

7KLVSXEOLFDWLRQFDQEHPDGHDYDLODEOHLQDOWHUQDWHIRUPDWXSRQUHTXHVW3OHDVHFRQWDFW
7DPUD,QJHUVROODW77<XVH