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File #: 21-0224   
Type: Resolution Status: Agenda Ready
In control: City Council
On agenda: 3/1/2021
Title: Approving and authorizing the City Manager to enter into a Development Agreement, a Government Property Lease Excise Tax (GPLET) Lease Agreement, and a Perpetual Easement Agreement, for the development of approximately 9.7± acres of property generally located in downtown Mesa at the southeast corner of East Main Street and South Sirrine. The three Agreements facilitate the redevelopment of the property into a mixed-use project consisting of four multi-story buildings with ground floor commercial, market-rate residential units, residential amenities, and parking, that will generate significant economic benefits to the City of Mesa. (District 4)
Attachments: 1. Presentation, 2. Council Report and Exhibits, 3. Resolution and Exhibit, 4. Development Agreement, 5. GPLET Lease, 6. Easement
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Title

Approving and authorizing the City Manager to enter into a Development Agreement, a Government Property Lease Excise Tax (GPLET) Lease Agreement, and a Perpetual Easement Agreement, for the development of approximately 9.7± acres of property generally located in downtown Mesa at the southeast corner of East Main Street and South Sirrine.  The three Agreements facilitate the redevelopment of the property into a mixed-use project consisting of four multi-story buildings with ground floor commercial, market-rate residential units, residential amenities, and parking, that will generate significant economic benefits to the City of Mesa. (District 4)