Title
Development Agreement between City of Phoenix and Mortenson Development, Inc. for Upsizing of Water Main at 2nd Avenue and Adams Street (Ordinance S-46177)
Description
Request to authorize the City Manager, or his designee, to enter into a Development Agreement between the City of Phoenix ("City") and Mortenson Development, Inc. (“Developer”) to allow the Developer to pay the City an amount of $203,235 in lieu of the requirements to upsize approximately 195 feet of a substandard water main in 2nd Avenue, 225 feet of a substandard main in Adams Street, and to perform associated street pavement repairs along 2nd Avenue and Adams Street. Further request to authorize the City Controller to disburse and the City Treasurer to accept all funds related to this item.
Report
Summary
The Developer owns approximately 0.475 acres of property consisting of two lots at the northeast corner of 2nd Avenue and Adams Street. To facilitate this development, local improvements to public infrastructure are necessary. The improvements include upsizing a substandard 6-inch water main in 2nd Avenue and Adams Street to a
12-inch main. The Developer has gone through the Technical Appeal process to the Director’s Representative level, where it was determined that the Developer will still be in compliance with the Water Services Department’s Downtown Master Plan by paying funds into an escrow account for the City to use to upsize the water line and complete associated street pavement repairs. This Master Plan requires that any water lines
6-inch in diameter or smaller in the Downtown Core Area (bounded by 7th Street, 7th Avenue, Jackson Street, and I-10) must be upsized to a minimum diameter of
12-inches. The Developer will promptly pay $203,235 to Phoenix to satisfy the Developer’s obligations for water main upsizing and street pavement repair.
Financial Impact
The Developer will pay the City a one-time payment of $203,235.
Location
Northeast Corner of 2nd Avenue and Adams Street
Council District: 7
Department
Responsible Department
This item is submitted by Deputy City Manager Karen Peters and Water Services Department.