Broken Arrow City Council
Meeting of: 03-20-2018
To: Mayor and City Council
From: Office of the City Attorney
Title:
title
Consideration, discussion, and possible approval of and authorization to execute Resolution No. 1095, a Resolution approving and authorizing a Development Agreement between the City of Broken Arrow, New Bedford Lakes, LLC, New Bedford Park, LLC, Glenn Shaw and Charles L. Ramsay, Jr.
End
Background:
The Developers Glenn Shaw and Charles L. Ramsay, Jr. and their affiliated entities (the "Developers") own approximately 551 acres of land in the City of Broken Arrow. This land is located along 37th Street between East Omaha Street (East 51st Street South) and East Albany Street (East 61st Street South). This area, referred to as the "Development Land," is shown on Exhibit "A" to the Development Agreement.
The Developers intend to develop the Development Land for residential and other suitable uses in accordance with the City of Broken Arrow's Comprehensive Plan, Zoning Ordinance, the Land Subdivision Code, Engineering Design Criteria Manual and other city codes. The City of Broken Arrow desires to facilitate the development of the area to promote the City's growth and to provide parks and recreation facilities for the City's residents. The Developers previously dedicated real property and easements to the City for location of a sanitary sewer lift station, sanitary sewer mains, a portion of the right-of-way for the construction of 37th Street, easements for the location of various utilities, and temporary construction easements.
More specifically, these dedications consisted of the following:
a. approximately 4.5 acres for placement of sanitary sewer lines and a lift station; and
b. approximately 9.12 acres for construction of the sanitary sewer lines and lift station; and
c. approximately 3.206 acres of permanent right-of-way for the construction of 37th street; and
d....
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