Resolution No. 36-25.pdf
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WHEN RECORDED RETURN TO: City of Buckeye ATTN: City Clerk, Lucinda J. Aja 530 E. Monroe Avenue Buckeye, Arizona 85326 RESOLUTION NO. 36-25 A RESOLUTION OF THE MAYOR AND COUNCIL OF THE CITY OF BUCKEYE, ARIZONA, APPROVING THE PUBLIC INFRASTRUCTURE REIMBURSEMENT AGREEMENT BETWEEN THE CITY OF BUCKEYE, AN ARIZONA MUNICIPAL CORPORATION AND EVT ROOSEVELT VERRADO, LLC, AN ARIZONA LIMITED LIABIILITY COMPANY. WHEREAS, the City of Buckeye, an Arizona municipal corporation (“City”) and EVT Roosevelt Verrado, LLC, an Arizona limited liability company (“Developer”), desire to enter into a Public Infrastructure Reimbursement Agreement (“Agreement”) related to regional public infrastructure to be constructed by Developer, which such public infrastructure will be conveyed to the City following completion of construction. 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 Developer 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 execute any and all documents and any other necessary or desirable instruments, and 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 1st day of July 2025. Eric W. Orsborn, Mayor ATTEST: Lucinda J. Aja, City Clerk APPROVED AS TO FORM: K. Scott McCoy, City Attorney