Title
Request to Award $30,000 Brownfields Grant to AZCF1, LLC (Ordinance S-44204)
Description
This report requests authorization for the City Manager, or his designee, to enter into a Development Agreement with AZCF1, LLC, to award a $30,000 grant for development of the Riverview Project (to include, Riverview Main Road and Vantage Mobility International) at 1215 E. Riverview Drive. Further request authorization for the City Controller to disburse the funds for purposes of this item. The funds will be used for public infrastructure improvements, environmental cleanup in areas of public infrastructure improvements, and development fees.
Report
Summary
The Office of Environmental Programs Brownfields Land Recycling Program has provided technical assistance to the various owners of the 28-acre former landfill site since 2005. AZCF1, LLC, acquired the site in 2016 to develop a business commerce park.
The site was a privately-owned landfill from the 1960s until closure in the early 1970s. Since that time, the property has remained vacant. This project meets the requirements of the Brownfields Land Recycling Program and the criteria established for distribution of grants. The project will restore an unused, underdeveloped property and will benefit the community with employment, new tax revenue, and elimination of a blighted property. The project is scheduled for completion in 2018.
Contract Term
The term of the development agreement will be for up to one year and provision of the agreement may include an option to extend the term up to one additional year, which may be exercised by the City Manager or designee.
Financial Impact
Funding is available in the Office of Environmental Programs Capital Improvement Program.
Concurrence/Previous Council Action
The Sustainability, Housing, Efficiency and Neighborhoods Subcommittee recommended this item for Council approval on Nov. 28, 2017, by a vote of 3-0.
Location
The project is located at 1215 E. Riverview Drive.
Council District: 8
Department
Responsible Department
This item is submitted by Deputy City Manager Karen Peters and the Office of Environmental Programs.