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ITEM 10

City Council Memorandum Development Services Memo No.

Date:

November 9, 2023

To:

Mayor and Council

Thru:

Joshua Wright, City Manager
Andy Bass, Deputy City Manager
Micah Miranda, Acting Development Services Director

From:

Louis Kneip, Engineering Senior Manager

Subject:

Resolution No. 5611 Approving a Development Agreement with Keystone at Hazelwood, LLC, Relating to Real Property Located at the Southeast Corner of Chandler Heights Road and 124th Street

Proposed Motion:

Move City Council pass and adopt Resolution No. 5611 Approving a Development Agreement with Keystone at Hazelwood, LLC, Relating to Real Property Located at the Southeast Corner of Chandler Heights Road and 124th Street

Background:

Keystone at Hazelwood is a 22-lot, single-family home subdivision on 10 acres of land that was approved by the City Council on April 14, 2022. The property has frontage on Chandler Heights Road, which is currently being improved by the City of Chandler through a Capital Improvement Project (CIP).

Discussion:

Several minor changes are needed to the Chandler Heights Road CIP as a result of the new development. These include the design and construction of new utility stubs to service the development, modifications to the roadway curbing, and stormwater infrastructure. The costs for design and construction of the CIP modifications resulting from the new development will be calculated by the City and paid for by the Developer. The purpose of this Development Agreement is to memorialize the obligations of each party to effectuate the project changes and allow for cost reimbursement to the City of Chandler. This Agreement allows the City and Developer to better coordinate efforts during the CIP to ensure seamless delivery of both roadway improvements and the new subdivision.

Financial Implications:

There are no financial obligations for the City of Chandler.

Attachments

Resolution No. 5611

Development Agreement

Hazelwood Map