File #: 24-2694   
Type: Payment Ordinance Status: Adopted
Meeting Body: City Council Formal Meeting
On agenda: 12/18/2024 Final action: 12/18/2024
Title: Mayo Clinic Arizona

Title

Mayo Clinic Arizona

 

Description

For $954,170 in payment authority for reimbursement of permit and plan review fees to Mayo Clinic Arizona which equals the amount of construction sales tax paid between January 1, 2023, and December 31, 2023, for the Planning and Development Department. The payment will be made from the Development Repayment Agreement Trust Fund, which is reimbursed from City funds based on construction sales taxes remitted to the City from applicable activity authorized by Development Agreement CON 72047 executed between City of Phoenix and Mayo Foundation for Medical Educational Research on January 3, 1996.