Alamar Community Facilities District Board Agenda December 2025
Brookfield Communities US added to amended CFD agreement
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Description
The Alamar Community Facilities District Board approved the first amendment to its 2018 development and financing agreement, adding Brookfield Communities US LLC as a successor indemnitor and guarantor in place of Brookfield Residential (Arizona) LLC. The change follows corporate restructuring while preserving all other provisions of the public infrastructure financing agreement.
Contract Details
Vendor
BROOKFIELD COMMUNITIES US LLC
Agency
City of Avondale, AZ
Contract Type
OTHER
Document Date
December 15, 2025
Renewal Info
Becomes jointly and severally bound, with North America Sekisui House, LLC, by the terms of the October 1, 2018 development agreement for acts and events first arising after the amendment’s effective date.
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AMENDEDMore from City of Avondale
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