John N. Rogers, GMcivil and Lance C. Dickson, Arizona Surveying and Mapping

A replat of PV303 East – Phase A, Lots 3B and 4B generally located at the southwest corner of North PebbleCreek Parkway and West Camelback Road to combine Lots 3B and 4B and create Tract E.

Approve the Re-Plat of PV303 East – Phase A, Lots 3B and 4B, subject to stipulations. (Steve Scinto, Deputy Director of Development Engineering)

1. Prior to recordation of the final plat, Owner shall submit an updated title report for the Property and shall modify this plat to reflect the current ownership and current lender including on the final plat a Lender Consent and Subordination in a form approved by the City Attorney or his/her designee for all lenders with a security interest in the property being platted herein. Owner shall provide documentation acceptable to the City Attorney or his/her designee demonstrating that the party executing this final plat is authorized to do so; and

2. Any technical corrections to this final plat required by the City Engineer or his designee shall be made prior to the recordation of the Final Plat.

Although a fiscal impact analysis has not been conducted on this specific project, all new development will have an ongoing fiscal impact on the City. The development is responsible for construction of all infrastructure necessary to serve the site and will generate one-time revenue for the City through payment of permits, construction sales tax and development impact fees. Longer term fiscal impacts include increased demands for municipal services, the costs of which may or may not be offset by increased property values/tax levies, city sales tax, state shared revenues and the increased demand for commercial and retail development. Any areas that will be maintained by the city are constructed by the developer and then conveyed to the city two years after construction.

The subject property is a part of the Palm Valley 303 Planned Area Development (PAD). The PAD was approved on January 14, 2008, with City Council adoption of Ordinance No. 2007-1097, as amended by Ordinance 2015-1318 adopted by the City Council on April 13, 2015.

A Final Plat of PV303 East – Phase A was approved by the City Council on February 11, 2016 and recorded in the official records of Maricopa County Record at Book 1260 of Maps Page 15 (Instrument 2016 0090515) creating Lots 1-5 and Tracts A-D. 

A Re-Plat of PV303 East – Phase A, Lots 3 and 4 was approved by the City Council on April 24, 2017 and recorded in the official records of Maricopa County at Book 1322 of Maps Page 39 (Instrument 2017 0298125) splitting Lot 3 into Lots 3A and 3B and splitting Lot 4 into Lots 4A and 4B.

The purpose of the Re-Plat being presented for approval is to combine Lots 3B and 4B and create Tract E. The proposed subdivision is consistent with the General Plan and will not adversely impact the surrounding area. Further, the proposed subdivision is consistent with the technical requirements of the city’s subdivision regulations and engineering standards and provides for the orderly development of the property by identifying the required infrastructure needed to serve the development.