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Board rescinds prior approval of development agreement with LG Energy Solution
Summary
The Board rescinded its June 5, 2024 approval of a Development Agreement and Intergovernmental Agreement with the Town of Queen Creek and LG Energy Solution Arizona because the agreement was not fully executed or recorded; the Board noted the rescission does not affect a previously adopted Second Amendment approved March 5, 2025.
The Pinal County Board of Supervisors approved a request to rescind the Board’s June 5, 2024 approval of a Development Agreement and Intergovernmental Agreement among Pinal County, the Town of Queen Creek, and LG Energy Solution Arizona because the agreement had not been fully executed or recorded.
County staff noted the rescission does not alter a previously adopted Second Amendment to the Development Agreement and IGA that the Board approved March 5, 2025. The rescission appeared on the consent agenda and was recorded as approved on Aug. 5, 2026.
The item was presented by county counsel staff and county management; the agenda text identifies Ian Daranyi and County Manager Leo Lew as contacts for the item.
