Council advances $15.3M to secure rights of way for Peoria Innovation Corps projects
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Summary
The council approved a budget amendment to advance $15.3 million from contingency to acquire state trust land rights of way needed for Lake Pleasant Parkway, Ashlar Hills Drive, 90th Avenue extensions, water infrastructure and a recovery well to support the Peoria Innovation Corps development.
Peoria city council voted April 22 to approve a budget amendment advancing $15.3 million to secure rights of way for several Peoria Innovation Corps (PIC) infrastructure projects. Staff said the funds will be advanced from contingency and will be reimbursed after land auction or developer purchase under the city’s intergovernmental agreement with the State Land Department.
Development Engineering Director Jeff Curran told council the advance is intended to acquire right-of-way and related parcels for a set of projects including Lake Pleasant Parkway (Loop 303 to the Central Arizona Project), Ashlar Hills Drive (Lake Pleasant Parkway to 90th Avenue), 90th Avenue (Loop 303 to the CAP canal), Zone 5E and 6E reservoirs and booster pump stations, and the Agua Fria West recovery well project.
Curran said the acquisitions are on undeveloped state trust land and beginning the purchase process now will enable construction readiness for fiscal year 2026. He said doing select projects concurrently produces cost savings, and the city’s IGA with the State Land Department treats these right-of-way deposits as reimbursable costs at auction.
Councilmember moved and seconded an amendment to the staff recommendation to explicitly list five parcels/projects in the motion; the amendment passed and the budget amendment, as amended, was approved by council 7–0. Staff noted subsequent CIP entries will be adjusted to reflect the advanced funding.
Curran said the city expects reimbursement from auction proceeds or developer purchases and that the advance was being requested now to allow timely acquisition and to keep projects on track for FY26 construction schedules.