Loading...
HomeMy WebLinkAboutResolution 2020-112 Authorizing the Marana Main Street Development Agreement and ROW License MARANA RESOLUTION NO. 2020-112 RELATING TO DEVELOPMENT; APPROVING AND AUTHORIZING THE MAYOR TO SIGN THE MARANA MAIN STREET DEVELOPMENT AGREEMENT AND RIGHT- OF-WAY LICENSE WHEREAS the Town Council established the Downtown Marana Reinvestment Fund (the "DMRF") by adoption of Marana Resolution No. 2013-036, setting aside for a five-year period 50% of the construction sales tax revenues and 50% of the general sales tax revenues collected by the Town of Marana in the Downtown Activity Center for use to fund public infrastructure projects desirable and necessary for the development of the Downtown Activity Center; and WHEREAS the Town Council extended the DMRF for ten years by adoption of Marana Resolution No. 2018-040 and authorized it to be used pursuant to a Council- approved development agreement to pay for public infrastructure incentives associated with downtown Marana mixed-use development in the downtown overlay zone established by Marana Ordinance No. 2018.010 and now codified in the Marana Town Code at section 17-4-22; and WHEREAS the Parties desire to facilitate construction of Marana Main Street from just east of the roundabout at Sandario Road to the east boundary of the Marana Main Street project, and Center Street through the Marana Main Street project; and WHEREAS a portion of the Marana Main Street project is in the downtown overlay zone, and its owners desire to implement the zoning of a portion of the Marana Main Street project as downtown (DT) and downtown neighborhood (DN) zoning pursuant to Marana Town Code sections 17-4-23 and 17-4-24; and WHEREAS the Mayor and Council find that entering into the Marana Main Street Development Agreement and Right-of-Way License is in the best interests of the Town and its citizens and businesses. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE TOWN OF MARANA, ARIZONA, that the Marana Main Street Development Agreement and Right-of-Way License in substantially the form included with the agenda backup material accompanying this resolution is hereby approved, the Mayor is hereby authorized and directed to sign it for and on behalf of the Town of Marana, and the Town's Manager and staff are hereby directed and authorized to undertake all other and further tasks required or beneficial to carry out its terms, obligations, and objectives. 00072598.DOCX/1 Resolution No.2020-112 - 1 - 9/29/2020 4:31 PM PASSED AND ADOPTED by the Mayor and Council of the Town of Marana, Arizona, this 6th day of October, 2020. Mt76(1A/`--e.... ----- Mayor Ed Honea ATTES APPROVE II AS TO FORM: 4.4101° , ...-41.0 - - z of 4$7,2___ , ''41611:4P illi, .�� Cherry L. awson, Town Clerk Fra Cass'. , 'town Attor• AV 41IL 40 li...1. MARAN ES TABLISi 00072598.DOCX/1 Resolution No.2020-112 - 2- 9/29/2020 4:31 PM