Council to take action on the Addendum to Second Amendment to Bid Submission and Real Property Purchase Agreement between the City of Buckeye, an Arizona municipal corporation, and Mattamy Arizona LLC
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4.Z CITY OF BUCKEYE Regular Council Meeting COUNCIL ACTION REPORT MEETING DATE: 06/16/26 AGENDA ITEM: 4.Z. WR - Addendum to 2nd Amendment to Bid Submission and Real Property Purchase Agreement (Sonoran Ridge) DATE PREPARED: 06/11/26 DISTRICT NO.: STAFF LIAISON: Terry Lowe, Water Resources Director, tlowe@buckeyeaz.gov, (623) 349-6102 DEPARTMENT: Water Resources AGENDA ITEM TYPE: Consent Agenda Items / New Business ACTION/MOTION: (This language identifies the formal motion to be made by the Council) Council to take action on the Addendum to Second Amendment to Bid Submission and Real Property Purchase Agreement between the City of Buckeye, an Arizona municipal corporation, and Mattamy Arizona LLC, a Delaware limited liability company; and authorize the Mayor to execute said Addendum on behalf of the City of Buckeye. GOALS AND OBJECTIVES FOR THE STRATEGIC PLAN FOCUS AREAS: Infrastructure SUMMARY PROJECT DESCRIPTION: The City of Buckeye (COB) and Mattamy Arizona LLC (Mattamy), as successor to Jen Arizona 36, LLC, are parties to a Purchase Agreement originally dated August 17, 2021, and subsequently amended. Under this agreement, COB agreed to sell, and Mattamy agreed to buy the entire Sonoran Ridge Water System, including all related facilities and rights. Tract T, part of the Sonoran Ridge Water System and known as Maricopa County Assessor’s Parcel No. 502-14-456, was inadvertently omitted from the original conveyance. Both parties now intend to correct this by entering into an Addendum to the Second Amendment, whereby the COB will convey Tract T to Mattamy via a special warranty deed, for $10.00. FUTURE ACTION: None. FINANCIAL IMPACT STATEMENT: The City will receive $10. CURRENT FISCAL YEAR TOTAL COST: None. Items related to a project or facility location must include an attached vicinity map for Council Review. ATTACHMENTS: Addendum to 2nd Amendment to Water Facilities PSA v3.3.pdf