Item 86 - Revised Memo.pdf

City of Phoenix — Formal (2023-05-03)

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To: 
From: 
Subject: 
City of Phoenix 
PARKS AND RECREATION DEPARTMENT 
Inger Erickson 
Deputy City Manager 
Cynthia Aguilar 
/1 P( 
Parks and Recreation D"'1{c{or 
Date: May 1 , 2023 
REQUEST TO REVISE ITEM 86 ON THE MAY 3, 2023 FORMAL AGENDA 
It is requested that Item 86, Authorization to Enter into a Development Agreement with Gila 
and Salt River Development, LLC (Ordinance S-49686), be revised as indicated below. 
This memo replaces the first sentence of paragraph 3 under the Summary, so the paragraph 
now reads as follows: 
"At the time of this report, there is no funding available to build nor maintain the park. The first 
donation is anticipated to occur in March 2025. The development agreement will memorialize 
the terms of the donation." 
Approved: 
Inger Erickson, Deputy City Manager 
Ill