Res._No._96-25_Paloma_Vista_Reg._Signal_Fee.pdf
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RESOLUTION NO. 96-25 A RESOLUTION OF THE MAYOR AND COUNCIL OF THE CITY OF BUCKEYE, ARIZONA, APPROVING THE REGIONAL SIGNAL REIMBURSEMENT AGREEMENT BETWEEN THE CITY OF BUCKEYE, AN ARIZONA MUNICIPAL CORPORATION AND BUCKEYE PHASE I OWNER, LLC, A DELAWARE LIMITED LIABIILITY COMPANY. WHEREAS, the City of Buckeye, an Arizona municipal corporation (“City”) and Buckeye Phase I Owner, LLC, a Delaware limited liability company (“Owner”), desire to enter into a Regional Signal Reimbursement Agreement (“Agreement”) related to constructed improvements at the intersection of Perryville Road and McDowell Road. BE IT RESOLVED by the Mayor and Council of the City of Buckeye, Arizona, as follows: Section 1. The recital above is hereby incorporated as if fully set forth herein. Section 2. The Agreement between the City and Owner is hereby approved in substantially the form and substance on file with the City Clerk and which is incorporated herein by reference. Section 3. The Mayor, City Manager, City Attorney, and City Clerk are hereby authorized and directed to take all steps necessary to carry out the purpose and intent of this Resolution. PASSED AND ADOPTED by the Mayor and Council of the City of Buckeye, Arizona, this 2nd day of December, 2025. Eric W. Orsborn, Mayor ATTEST: Lucinda J. Aja, City Clerk APPROVED AS TO FORM: K. Scott McCoy, City Attorney