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COUNCIL ACTION SUMMARY

A Community Outreach Program

From the Special Meeting of May 16, 2011.

Action Taken

5.A.  Council adopted Resolution 11-1429 approving the Settlement of Claims among M&I Marshall & Ilsley Bank ("M&I"), M&I Regional Properties, L.L.C. ("M&I RP"), and the City Of Goodyear; approving the form of: A Settlement Agreement and Release, an Amended and Restated Development Agreement Ballpark Village, an Amended And Restated Development Agreement Corporate Campus, a Retail Liner Option Agreement and Escrow Instructions, and an Access Easement Agreement, (Collectively "Settlement Documents"); authorizing the City Attorney to make non-substantive changes to the settlement documents; directing the City Manager to execute the settlement documents upon completion of the trustee's sale and UCC sale; authorizing and directing the City Manager or his designee to take all actions and execute all documents necessary to carry out the intent of the resolution and the settlement documents; and providing for an effective date.

 

Goodyear City Council

Mayor Lord

623-882-7776

Vice Mayor Pizzillo

623-882-7776

Dick Sousa

623-882-7776

Joanne Osborne

623-882-7776

Sheri Lauritano

623-882-7776

Wally Campbell

623-882-7776

Gary Gelzer

623-882-7776

       

 

       Future Meetings

05/23/11

Worksession

4:30 PM

Goodyear Justice Center

05/23/11

Regular Meeting

6:00 PM

Goodyear Justice Center

05/23/11

CFD Meeting

Immediately Following Regular Mtg

Goodyear Justice Center

06/10/11

City Council Retreat

9:00 AM - 4:00 PM

TBD

 

 

 

This is a representation of the Council Meeting. Full Minutes are available in the Clerk's Office within 72 hours of the meeting.

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Last Updated: 05/17/2011                                                                       


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City of Goodyear • 190 N. Litchfield Road • Goodyear AZ 85338 • Phone 623-932-3910 • Toll-Free 1-800-872-1749