HomeMy WebLinkAboutPackets - Council Packets (34) AGREEMENT
THIS AGREEMENT is made and entered into between Future Arizona, Inc. ("Developer"), an Arizona
corporation, whose address is c/o Peter A. Fasseas, President, 1555 North Astor Street, Chicago, Illinois
60610-0167,and its successors and assigns as the legal owner of the real property legally described as the
Northwest Quarter of Section 15, Township 12 South, Range 13 East, parcel number 224-39-0020
consisting of approximately 152 acres (the "Development Property"), and the Quinn Family Trust c/o
Michael D. & Bonnie L. Quinn ("Quinn"), a married couple dealing with their Property, are the legal
trustees of the real property commonly known as 9950 N.Camino Paramo(the"Quinn Property")
RECITALS
A. Developer and Quinn desire to enter into an agreement whereby Quinn will support Developer's
pending rezoning application("Rezoning Application")of the Development Property in exchange
for the construction of certain improvements benefiting the Quinn Property,as described below.
NOW,THEREFORE, Developer and Quinn agree as follows:
1. Quinn, in consideration of the following promises by Developer, hereby agrees to withdraw
and/or withhold all of their respective objections to the Rezoning Application.
2. Developer,after approval of the Rezoning Application,and concurrently with construction of the
neighborhood proposed on the Development Property,hereby agrees to:
a. Construct at Developer's sole cost and expense cable TV/ internet/telephone lines to
the northeast corner of the Quinn Property,and from there to connect to the Quinn home
main utility panel. The line extended to the aforementioned property corner shall also
be for use by the Quinn's neighbor immediately to the west. These extensions are
predicated on those utilities installing such lines through the rezone property.
IN WITNESS WHEREOF the foregoing Agreement is hereby executed this ` day of
K ,2016.
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Micha D.Quinn Date
AAm yJ l
B nnie L.Quinn Date
Future Arizona,Inc. Date
By:Peter Fasseas,President
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