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Council approves land realignment and lease options for 72-acre site near 238 and Loma Road
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Summary
Council approved a parcel realignment that increases city-held acreage to about 15 acres and approved related lease terms; one vote recorded with an abstention due to a member stepping out during the vote.
The City of Maricopa voted this week to approve a pair of land agreements involving roughly 72 acres at the southwest corner of 238 and Loma Road, shifting parcel lines so the city retains close to 15 acres and granting an adjacent property owner an option to buy a portion of that land within two years and a right of first refusal for five years.
City consultant Josh Bowman described the realignment and a linked lease; the first item (realignment) was approved with a roll call that recorded one member absent and one abstention for timing reasons, per staff. The realignment reduces the city’s leased acreage and establishes an option and lease structure staff described as typical for preparing land for future development or sale while preserving public interest in retained parcels.
Council approved both items in separate votes; the first motion passed with an abstention recorded because a council member briefly stepped out of the chamber, and the second related lease motion passed with the same vote profile.
Staff said the agreements will be executed as exhibits to the contracts and the city will return with any required administrative steps for closing, surveys and title work.
The council adjourned shortly after the land items were approved.
