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ITEM #: 10.
DATE: 05/23/2022

AI #:907
CITY COUNCIL ACTION REPORT
 
SUBJECT: FINAL PLAT FOR LAS VENTANAS PARCEL 2
 
STAFF PRESENTER(S): Steve Scinto, Deputy Director of Development Engineering

OTHER PRESENTER(S):

Heidi Tilson, P.E., CVL Consultants

SUMMARY

A Final Plat subdividing approximately 26 acres into 91 lots and 8 tracts at the intersection of W. Durango Street and S. 183rd Avenue.

Recommendation

Approve the Final Plat for Las Ventanas Parcel 2, subject to stipulations. (Steve Scinto, Deputy Director of Development Engineering)

STIPULATIONS

1. Any technical corrections to the Final Plat for Las Ventanas Parcel 2 required by the City Engineer shall be made prior to the recordation of the final plat.

2. Prior to recordation of the Final Plat for Las Ventanas Parcel 2, Owner shall submit an updated title report for the property included within the Final Plat for Las Ventanas Parcel 2 (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 the Final Plat for Las Ventanas Parcel 2 is authorized to do so.

3. Prior to recordation of the Final Plat, Owner shall apply to the Arizona Department of Water Resources (ADWR) for the extinguishment of the Type 1 Rights appurtenant to the property rezoned by Ordinance 2017-1364 and request that any assured water supply credits issued by ADWR as a result of any such extinguishment be credited to the City of Goodyear.  Said extinguishment shall occur prior to recordation of the first final plat subdividing all or part of the Property or the issuance of any construction permits for work within the Property, whichever is earlier.

4. Prior to recordation of the Final Plat, owner shall remit all cost recovery payments owed pursuant to: CRO 06-1065 as amended by Resolution 14-1622 and Resolution 16-1748; CRO 06-1064 as amended by Resolution 14-1621 and Resolution 16-1747 and the Second Amended & Restated Development Agreement for Las Ventanas.  The cost recovery payments are:
Wastewater Line B $286,035.00
Wastewater Line E  $110,941.00
Water Line C $98,139.71
Water Line D $178,655.35
Water Line F $181,115.32
Total  $854,886.38

5. Owner is responsible for a proportionate share of the costs of traffic signals at the intersection identified below.  Owner shall make an in-lieu payment for the costs of the following traffic signals.  The in-lieu payment shall be made prior to the recordation of the Final Plat or the issuance of any construction permits for work within the Property, whichever is earlier.  The in-lieu payment shall be based on the percentage reflected below of the actual cost of the full traffic signal (all four legs) if it has been constructed or if the payment is required before the signal is constructed it shall be based on the estimated cost of the traffic signal as determined by the City Engineer or designee. The Property Owner’s traffic signal obligations include, but may not be limited to:

           a. 25% of the cost of the full traffic signal (all four legs) at W. Yuma Road and S. 183rd Avenue

6. Prior to the recordation of the Final plat for Las Ventanas Parcel 2, Owner, shall obtain, at no cost to the City of Goodyear, a permanent drainage easement from the owner of the property north of the Property.  The easement shall be located along the north side of the W. Apache St. Alignment.  The easement shall be lien free and free of all encumbrances unless otherwise approved by the City Engineer or his/her designee and shall be conveyed to the City, the developer of the Property, and the Las Ventanas West Goodyear Homeowners Association and recorded in the official records of Maricopa County.  The drainage easements referred to herein shall be in a form acceptable to the City Attorney or his designee and shall provide for the acceptance, containment, retention and disposal of storm waters and drainage and the construction, installation, inspection, maintenance, repair, and replacement of drainage facilities pursuant to grading and drainage improvement plans approved for the development of the Property. 
 

FISCAL IMPACT

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.

BACKGROUND AND PREVIOUS ACTIONS

The preliminary plat of Las Ventanas was approved by the City Council on January 22, 2018.

STAFF ANALYSIS

As set forth in the attached preliminary plat Council Action Report, 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. The Final Plat is in substantial conformance with the Preliminary Plat.

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