Title
Authorization to Enter into Development Agreement with Biltmore Shopping Center Partners for Installation of Water Mains (Ordinance S-44751)
Description
Request authorization for the City Manager, or his designee, to enter into a Development Agreement between the City of Phoenix and Biltmore Shopping Center Partners for installation of water mains at 26th Street and Orange Drive.
Report
Summary
Biltmore Shopping Center Partners is developing a parcel at Biltmore Fashion Park that requires installation of a new water main per City Code Section 37-33, which requires that all bounding streets contain a water main. The eastern boundary of the site at 26th Street is considered City of Phoenix right-of-way. This Development Agreement allows the developer to phase in installation of the bounding water main on the site’s street frontage. Phase 1 of the development includes construction of a new Lifetime Fitness facility. The first portion of 12-inch water main will be installed along the Lifetime Fitness building frontage at 26th Street. The remaining frontage will be installed along 26th Street when buildings are developed for Phase 2A and Phase 2B, or within 12 years of the effective date of this Development Agreement for Phase 2A, and 10 years for Phase 2B, whichever comes first.
Financial Impact
This action has no financial impact on the City of Phoenix.
Location
The proposed site is located at Biltmore Fashion Park at 26th Street north of Camelback Road.
Council District: 6
Department
Responsible Department
This item is submitted by Deputy City Manager Karen Peters and the Water Services Department.