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RESOLUTION NO. 5735 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHANDLER, ARIZONA, APPROVING THE FIRST AMENDMENT TO THE INTERGOVERNMENTAL AGREEMENT BETWEEN THE CITY OF CHANDLER AND THE ARIZONA DEPARTMENT OF REVENUE FOR DISTRIBUTION OF REVENUES UNDER A.R.S. § 42-5032.02 WHEREAS, the City of Chandler and the Arizona Department of Revenue (“ADOR”) entered into an Intergovernmental Agreement on July 12, 2019, for the purpose of facilitating the city to obtain, and ADOR to distribute, funding for the cost of public infrastructure improvement projects pursuant to Arizona Revised Statutes (“A.R.S.”) § 42-5032.02 (the “IGA”); and WHEREAS, the IGA, on account of restrictions then set forth under A.R.S. § 42-5032.02, limited said funding to a maximum of $50,000,000 and set the term of the IGA and duration of when payments may be made to the City as due to expire on September 30, 2023; and WHEREAS, the Arizona Legislature has since amended A.R.S. § 42-5032.02 to increase the statutory maximum for funding of public infrastructure improvement projects and extend the time period in which ADOR may make payments in accordance with A.R.S. § 42-5032.02; and WHEREAS, since the execution of the IGA, ADOR has established a uniform method for the distribution of payments to all cities, towns, and counties under A.R.S. § 42-5032.02 that was not captured within the provisions of the IGA; and WHEREAS, the parties wish to amend the IGA to incorporate these changes, update outdated references contained within, and extend its duration. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chandler, Arizona, as follows: Section 1. Approving the First Amendment to the Intergovernmental Agreement between the City of Chandler and the Arizona Department of Revenue for Distribution of Revenues under A.R.S. § 42-5032.02. Section 2. Authorizing the Mayor to execute the First Amendment to the Intergovernmental Agreement on behalf of the City of Chandler. Section 3. Authorizing the City Manager and city staff to perform all acts necessary to give effect to this Resolution and comply with the terms of the Intergovernmental Agreement as amended. Resolution 5735 Page 2 PASSED AND ADOPTED by the City Council of the City of Chandler, Arizona, this _____ day of September, 2023. ATTEST: _____________________________ _____________________________ CITY CLERK MAYOR CERTIFICATION I HEREBY CERTIFY that the above and foregoing Resolution No. 5735 was duly passed and adopted by the City Council of the City of Chandler, Arizona, at a regular meeting held on the _____ day of September, 2023 and that a quorum was present thereat. ______________________________ CITY CLERK APPROVED AS TO FORM: ______________________________ CITY ATTORNEY