R23-39

City of Glendale — Regular Meeting (2023-06-13)

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RESOLUTION NO. R23-39 
 
A RESOLUTION OF THE COUNCIL OF THE CITY OF 
GLENDALE, 
MARICOPA 
COUNTY, 
ARIZONA, 
AUTHORIZING AND DIRECTING THE ENTERING INTO OF 
AN INFRASTRUCTURE COST SHARING AGREEMENT WITH 
VIP INDUSTRIAL HOLDINGS, LLC. 
 
 
WHEREAS, VIP Industrial Holdings, LLC (“VIP”) is constructing an industrial 
development in Maricopa County located on the west side of Reems Road at the Hatcher Road 
alignment; and  
 
 
WHEREAS, City of Glendale owns Reems Road and is requiring VIP to provide an in-lieu 
payment for roadway improvements that will be constructed by the City in the future.  
 
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF GLENDALE as follows: 
 
SECTION 1.  That it is deemed in the best interest of the City of Glendale and its citizens 
that the City of Glendale enter into an Infrastructure Cost Sharing Agreement (“Agreement”) with 
VIP Industrial Holdings, LLC. The Agreement is now on file in the office of the City Clerk of the 
City of Glendale. 
 
SECTION 2.  That the Mayor, City Manager and City Clerk be authorized and directed to 
execute and deliver the Agreement on behalf of the City of Glendale.  
 
PASSED, ADOPTED AND APPROVED by the Mayor and Council of the City of 
Glendale, Maricopa County, Arizona, this 13th day of June, 2023. 
 
 
 
 
 
                                                    
 
 
Mayor Jerry P. Weiers 
ATTEST: 
 
                                                              
Julie K. Bower, City Clerk             (SEAL) 
 
APPROVED AS TO FORM: 
 
                                                              
Michael D. Bailey, City Attorney 
 
REVIEWED BY: 
 
                                                              
Kevin R. Phelps, City Manager