Resolution No. 5611

RESOLUTION NO. 5611 
 
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHANDLER, 
ARIZONA, 
APPROVING 
A 
DEVELOPMENT 
AGREEMENT 
WITH 
KEYSTONE AT HAZELWOOD, LLC, RELATING TO REAL PROPERTY 
LOCATED AT THE SOUTHEAST CORNER OF CHANDLER HEIGHTS 
ROAD AND 124TH STREET IN CHANDLER, ARIZONA. 
 
WHEREAS, Keystone at Hazelwood, LLC (“Developer”), owns approximately 10 net acres of 
vacant land at the southeast corner of Chandler Heights Road and 124th Street, in Chandler, 
Arizona, which Developer intends to develop into a planned area development (“Hazelwood”); 
and 
 
WHEREAS, on or about August 8, 2022, the City began construction of improvements to Chandler 
Heights Road (the “City Project”) which, in part, abut Hazelwood; and 
 
WHEREAS, the design and construction of Hazelwood requires design and construction changes 
to the City Project; and 
 
WHEREAS, City and Developer wish to enter into a Development Agreement to coordinate 
Developer’s responsibilities for the design and construction changes to the City Project so the 
improvements to Chandler Heights Road may be constructed in a cohesive and cost-effective 
manner. 
 
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chandler, Arizona, 
as follows: 
 
Section 1. 
Approves the City of Chandler entering into a Development Agreement with 
 
Developer that will be in substantially the form and content attached hereto as 
 
Exhibit “A” and incorporated herein by reference. 
 
Section 2. 
Authorizes the Development Services Director of the City of Chandler to execute 
the Development Agreement and any related documents for and on behalf of the 
City of Chandler. 
 
PASSED AND ADOPTED by the City Council of the City of Chandler, Arizona, this ___ day of 
November, 2023. 
 
ATTEST: 
 
_____________________________  
 
_____________________________ 
CITY CLERK  
 
 
 
 
MAYOR

Resolution 5611 
Page 2 
CERTIFICATION 
I HEREBY CERTIFY that the above and foregoing Resolution No. 5611 was duly passed and 
adopted by the City Council of the City of Chandler, Arizona, at a regular meeting held on the 
____ day of November, 2023 and that a quorum was present thereat. 
______________________________ 
CITY CLERK 
APPROVED AS TO FORM: 
______________________________ 
CITY ATTORNEY

Exhibit “A”