File #: 25-0541   
Type: Resolution Status: Agenda Ready
In control: City Council
On agenda: 7/1/2025
Title: A resolution approving and authorizing the City Manager to enter into a Development Agreement with SIMONCRE Buddy, LLC and Target Corporation for the development of certain improvements for the project known as “Medina Station” generally located at the southeast corner of E. Southern Avenue and S. Signal Butte Road. The Development Agreement meets the definition of a “retail development tax incentive agreement” under A.R.S. §9-500.11 (Version 2). (District 5) (5 votes required) Resolution No. 12397
Attachments: 1. Presentation, 2. Council Report, 3. Resolution, 4. Development Agreement, 5. Economic Analysis
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Title

A resolution approving and authorizing the City Manager to enter into a Development Agreement with SIMONCRE Buddy, LLC and Target Corporation for the development of certain improvements for the project known as “Medina Station” generally located at the southeast corner of E. Southern Avenue and S. Signal Butte Road.  The Development Agreement meets the definition of a “retail development tax incentive agreement” under A.R.S. §9-500.11 (Version 2). (District 5) (5 votes required) Resolution No. 12397