tldrgov

Economic Development and Equity Subcommittee

Wednesday, May 25, 2022 · 9:00 AM AM · City Council Chambers

TL;DR

The Economic Development and Equity Subcommittee approved several business agreements aimed at boosting economic development in Phoenix. The committee authorized a development deal with IDM Companies for public infrastructure improvements and approved changes to an agreement with Arizona State University regarding downtown development.

Key Decisions

  • Development Agreement with IDM Companies Approved
  • Amendment to City-ASU Intergovernmental Agreement and Master Lease Approved
  • Downtown Redevelopment Tools Update Discussed (no vote recorded)
  • Key Phoenix Economic Indicators Quarterly Report Received as information only

Agenda

  1. CALL TO ORDER
  2. CALL TO THE PUBLIC
  3. MINUTES OF MEETINGS
  4. 1 Minutes of the Economic Development and Equity Subcommittee Meeting
    Minutes
    Action: approved

    This item was Item Approved.

  5. CONSENT ACTION (ITEM 2)
  6. 2 Authorization to Enter into a Development Agreement with IDM Companies for Reimbursement of Public Infrastructure Improvements
    Consent Action
    Action: approved

    This item was Item Approved.

  7. INFORMATION ONLY (ITEM 3)
  8. 3 Key Phoenix Economic Indicators Quarterly Report
    Information Only
    Action: No Questions

    This item was No Questions.

  9. DISCUSSION AND POSSIBLE ACTION (ITEMS 4-5)
  10. 4 Amendment to the Intergovernmental Agreement and Master Lease between the City of Phoenix and Arizona State University
    Discussion and Possible Action
    Action: approved

    This item was approved.

  11. 5 Downtown Redevelopment Tools Update
    Discussion and Possible Action
    Action: Item Discussed

    This item was Item Discussed.

  12. CALL TO THE PUBLIC
  13. FUTURE AGENDA ITEMS
  14. ADJOURN