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RESOLUTION NO. 5640 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHANDLER, ARIZONA, APPROVING THE DEVELOPMENT AGREEMENT BETWEEN THE CITY OF CHANDLER AND GORMAN & COMPANY, LLC, RELATING TO REAL PROPERTY LOCATED SOUTH OF THE SOUTHEAST CORNER OF MCQUEEN ROAD AND CHANDLER BOULEVARD; DIRECTING THE CITY MANAGER TO GIVE SPECIFIC CONSIDERATION TO VILLAS ON MCQUEEN APPLICANTS BELONGING TO SPECIAL POPULATIONS SUCH AS SENIORS, PERSONS WITH DISABILITIES AND VETERANS; AND DIRECTING THE CITY MANAGER TO PURSUE THE HIGHEST AND BEST USE OF CHANDLER PUBLIC HOUSING SITES, INCLUDING SITE 3 (LOCATED AT 73 S. HAMILTON ST.), WITH SPECIFIC CONSIDERATION FOR SPECIAL POPULATIONS SUCH AS SENIORS, PERSONS WITH DISABILITIES AND VETERANS. WHEREAS, the City owns certain real property, specifically approximately 4.54 acres located south of the southeast corner of McQueen Road and Chandler Boulevard that has been generally referred to as Trails End; and WHEREAS, the City desires to develop that certain real property in Chandler, Arizona into multifamily housing; and WHEREAS, the City has determined that Gorman & Company, LLC (“Gorman”) is qualified and capable of acting as the co-developer for the new multifamily housing project, currently being called “Villas on McQueen,” in a manner that will facilitate the creation of affordable housing and provide public benefits for the City and the citizens of Chandler, Arizona; and WHEREAS, the City and Gorman wish to enter into a development agreement to address certain matters related to the development of the subject property; and WHEREAS, the City wishes to evaluate other properties in its Public Housing portfolio for suitability for redevelopment with specific consideration for special populations such as seniors, persons with disabilities and veterans. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chandler, Maricopa County, Arizona, as follows: Section 1. Approves the City of Chandler entering into a Development Agreement with Gorman & Company, LLC in substantially the form attached hereto as Exhibit “A” and incorporated herein by this reference. Section 2. Authorizes the Mayor of the City of Chandler to execute the Development Agreement and execution of related documents for and on behalf of the City of Chandler. Resolution No. 5640 Page 2 Section 3. Directs the City Manager, where not otherwise prohibited by law or regulation, to give specific consideration to Villas on McQueen applicants belonging to special populations such as seniors, persons with disabilities and veterans. Section 4. Directs the City Manager to pursue the highest and best use for redevelopment of Public Housing sites, including Site 3 (located at 73 S. Hamilton St.), with specific consideration, where not otherwise prohibited by law or regulation, for special populations such as seniors, persons with disabilities and veterans. PASSED AND ADOPTED by the Mayor and City Council of the City of Chandler, Arizona, this ____day of October, 2022. ATTEST: ______________________________ _______________________________ CITY CLERK MAYOR CERTIFICATION I HEREBY CERTIFY that the above and foregoing Resolution No. 5640 was duly passed and adopted by the City Council of the City of Chandler, Arizona, at a regular meeting held on the ____ day of October, 2022, and that a quorum was present thereat. _________________________________ CITY CLERK APPROVED AS TO FORM: CITY ATTORNEY