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ORDINANCE NO. 5157 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF CHANDLER, ARIZONA, APPROVING A LEASE AGREEMENT BETWEEN THE CITY OF CHANDLER AND THE HAVEN ON HAMILTON, LLC AN ARIZONA LIMITED LIABILITY COMPANY, RELATING TO THE LEASING AND DEVELOPMENT OF REAL PROPERTY LOCATED AT 77 S. HAMILTON; AND AUTHORIZING EXECUTION OF THE LEASE AGREEMENT AND ALL RELATED DOCUMENTS. WHEREAS, the City of Chandler owns a parcel of land located at 77 S. Hamilton (the “Leased Premises”) that is the subject of a Development Agreement with Brinshore Development, L.L.C., an Illinois limited liability company for the development of an affordable housing project known as The Haven on Hamilton (the “Project”); and WHEREAS, as part of the development, the Project owner, The Haven on Hamilton, LLC, must enter into a ground lease with the City; and WHEREAS, the City of Chandler desires to lease the Leased Premises to The Haven on Hamilton, LLC and The Haven on Hamilton, LLC desires to lease the Leased Premises from the City of Chandler for a period of not more than 99 years. NOW, THEREFORE, BE IT ORDAINED by the City Council of the City of Chandler, Arizona, as follows: Section 1. The City Council of the City of Chandler, Arizona does hereby authorize and approve the lease of the Leased Premises to The Haven on Hamilton, LLC for a period of not more than 99 years in a form satisfactory to the Project financing partners and approved by the Chandler City Attorney. Section 2. The Mayor of the City of Chandler, Arizona, or City Manager or City Manager’s designees as authorized in Resolution 5604, are hereby authorized to execute the lease and the City Manager or a designee is authorized to execute related documents, all upon approval as to form by the Chandler City Attorney. INTRODUCED AND TENTATIVELY APPROVED by the City Council of the City of Chandler, Arizona, this ____ day of ______________, 2026. ATTEST: ______________________________ ____________________________________ CITY CLERK MAYOR Ordinance No. 5157 Page 2 PASSED AND ADOPTED by the City Council of the City of Chandler, Arizona, this _____ day of _______________, 2026. ATTEST: ______________________________ ____________________________________ CITY CLERK MAYOR CERTIFICATION I HEREBY CERTIFY that the above and foregoing Ordinance No. 5157 was duly passed and adopted by the City Council of the City of Chandler, Arizona, at a regular meeting held on the ____ day of _____________, 2026 and that a quorum was present thereat. ____________________________________ CITY CLERK APPROVED AS TO FORM: CITY ATTORNEY Published in the Arizona Republic on: