Council to take action on a Master Final Plat titled "Master Plat for Floreo at Teravalis - Development Unit 2" located north of the northwest corner of Sun Valley Parkway and Teravalis Parkway. Summa

City of Buckeye — Regular Council Meeting (2025-09-02)

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4.O
CITY OF BUCKEYE
Regular Council Meeting
COUNCIL ACTION REPORT
MEETING DATE: 09/02/25
AGENDA ITEM: 4.O. DS - Floreo at
Teravalis Development Unit 2 Master
Final Plat 
DATE PREPARED: 08/28/25
DISTRICT NO.: District 4
STAFF LIAISON: Jennifer Roseman, Planner II, jroseman@buckeyeaz.gov, (623)
349-6295
DEPARTMENT: Development Services
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 a Master Final Plat titled "Master Plat for Floreo at Teravalis - Development
Unit 2" located north of the northwest corner of Sun Valley Parkway and Teravalis Parkway.
SUMMARY
PROJECT DESCRIPTION:
Joshua Robinson of Colliers Engineering and Design, on behalf of property owner Trillium Land
Company, LLC, is requesting approval of a Master Final Plat for Floreo at Teravalis Development Unit 2,
Case No. PLZS-24-0039. The Master Final Plat spans 355.49 acres comprised of 14 parcels totaling
333.77 acres and right-of-way dedication totaling 21.72 acres. The Master Final Plat is consistent with
the Floreo Village 2 Preliminary Plat, Case No. PLZS-23-0028, approved on February 11, 2025 .
The applicant has obtained a Certificate of Assured Water Supply from the Department of Water
Resources, as required by A.R.S. Section 9-463.01(I). A Final Plat is used to divide land into lots or
parcels, delineate property boundaries, describe and dedicate applicable rights-of-way and easements,
and is recorded with the Maricopa County Recorder’s office to create an official record of a subdivision,
required for the sale of subdivided lots. Each parcel within the Master Final Plat will subsequently require
its own future final plat to create individual lots for sale.
BENEFITS:
Approval and recordation of the plat will create additional parcels to accommodate development of
single-family homes and allow for the developer to complete additional infrastructure improvements.  
FINANCIAL IMPACT STATEMENT:
See Planning Items Financial Impact Statement
FINANCIAL IMPACT STATEMENT:
Although a fiscal impact analysis has not been conducted on this specific project, all new development
will have an ongoing fiscal impact on the city. The development is responsible for construction of all
infrastructure necessary to serve the site and will generate one-time revenue for the city such as permit
fees, construction sales tax and development impact fees. Longer term fiscal impacts include increased
demands for municipal services, the costs of which may or may not be offset by increased property
values/tax levies, city sales tax, state shared revenues and the increased demand for commercial and
retail development. Any areas that will be maintained by the city are constructed by the developer and
then conveyed to the city two years after construction.
Items related to a project or facility location must include an attached vicinity map for Council
Review.
ATTACHMENTS:

PLZS-24-0039 Floreo at Teravalis Development Unit 2 - Vicinity Map.pdf
PLZS-24-0039 Floreo at Teravalis Development Unit 2 - Project Narrative.pdf
PLZS-24-0039 Floreo at Teravalis Development Unit 2 - Master Plat.pdf
PLZS-24-0039 Floreo at Teravalis Development Unit 2 - CAWS.pdf