Glendale to pay luxury developer millions for parking spaces

By Audrey Jensen | Phoenix Business Journal

In a contentious vote, Glendale City Council has approved spending up to $17.8 million to secure new parking spaces from the developers of the $1 billion VAI Resort.

The city approved a parking space use agreement in a 5-2 vote with VAI Resorts LLC at its Dec. 10 meeting, just before it swore in two new councilmembers, who are replacing Joyce Clark and Ian Hugh. The resort is being developed by the owners of civil construction firm Fisher Sand & Gravel.

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