Council to take action on the Public Improvements In-Lieu Payment Agreement between the City of Buckeye, an Arizona municipal corporation, and Barclay Holdings CXVI, LLC, an Arizona limited liability

4.E
CITY OF BUCKEYE
Regular Council Meeting
COUNCIL ACTION REPORT
MEETING DATE: 07/01/25
AGENDA ITEM: 4.E. DS - Heritage West
Commercial - Miller and Broadway
Medians - In-Lieu Payment Agreement
DATE PREPARED: 07/02/25
DISTRICT NO.: 1
STAFF LIAISON: Ron Moll, City Engineer, rmoll@buckeyeaz.gov, (480) 997-1702
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 the Public Improvements In-Lieu Payment Agreement between the City of
Buckeye, an Arizona municipal corporation, and Barclay Holdings CXVI, LLC, an Arizona limited liability
company; and authorize the City Manager to execute and deliver said Agreement on behalf of the City of
Buckeye.
SUMMARY
PROJECT DESCRIPTION:
As part of its development of land generally located at the southeast corner of Miller Road and Broadway
Road, known as the Heritage West Commercial development, Barclay Holdings is required to construct
certain right-of-way improvements, including off-site medians and landscaping improvements within
Miller Road and Broadway Road. As Miller Road and Broadway Road are not built out to their ultimate
condition, installation of the medians and landscaping improvements would result in damage and
removal of the improvements. Owner has requested, and the City has agreed, that rather than Owner
immediately constructing the Off-Site Improvements, Owner may make the In-Lieu Payment, in a single
lump sum in the amount of $266,084.75, to the City as full satisfaction of the Owner's obligation to
construct the Improvements. The City shall hold such In-Lieu Payment funds until such time as the funds
are applied by the City to the cost of construction at the time the City constructs or causes to be
constructed, the Improvements. The Public Improvements In-Lieu Payment Agreement memorializes the
terms and conditions related to the payment.
BENEFITS:
Implementing the Payment In-Lieu Agreement protects against waste and spoilage of City Resources.
FUTURE ACTION:
None
FINANCIAL IMPACT STATEMENT:
N/A
Items related to a project or facility location must include an attached vicinity map for Council
Review.
ATTACHMENTS:
Public In-Lieu Payment Agreement - Barclay Executed.pdf