Title
Development Agreement between City of Phoenix and MetroWest Development, LLC for Upsizing Water Main on 3rd Avenue Near McKinley Street (Ordinance S-45031)
Description
Request authorization for the City Manager, or his designee, to enter into a Development Agreement between the City of Phoenix and MetroWest Development, LLC (“Developer”) to allow the Developer to pay the City an amount of $103,774 in lieu of the requirement to upsize a water main and the associated street pavement repair requirements along 3rd Avenue near McKinley Street. The Development Agreement will require the City to complete the necessary water main upsizing and complete all street pavement repairs associated with the upsizing. Further request authority for the City Treasurer to accept all funds related to this item.
Report
Summary
The City requires developers in the Downtown Core Area to upsize existing 6-inch diameter or smaller water mains (which are considered substandard mains within the Downtown Core Area) along the frontage of their development to a 12-inch diameter pipe. The water main upsizing requirements are necessary for operational efficiency and to maintain a reliable water supply sufficient for this high-density area. The Development Agreement will allow the Developer to pay the City for the upsizing of the water main in lieu of the Developer installing an upsized water main. The Developer will pay the City $103,774. The City will coordinate and complete the necessary upsizing for approximately 335 feet of substandard water main and associated street repairs fronting the development along 3rd Avenue.
Financial Impact
The Developer will pay the City $103,774.
Location
3rd Avenue near McKinley Street
Council District: 7
Department
Responsible Department
This item is submitted by Deputy City Manager Karen Peters and Water Services Department.