File #: 23-1913    Version: 1 Name:
Type: Ordinance Status: Passed
File created: 11/20/2023 In control: City Council
On agenda: 1/9/2024 Final action: 1/18/2024
Title: Ordinance authorizing a Developer Participation Agreement with MPM Development, L.P. to reimburse the developer an amount not to exceed $1,118,463.05 for the construction of a section of Oso Parkway related to the Oso Creek Corner subdivision located off Yorktown Boulevard and southeast of Starry Road; and amending the operating budget by transferring $896,527.00 from the Public Works - Streets Fund (No. 1041) and $221,936.05 from the Public Works - Storm Water Fund (No. 4300) to the Development Services Fund (No. 4670). (District 5).
Sponsors: Development Services
Attachments: 1. CC2-Agenda Memo - Oso Creek Corner (Participation), 2. CC3-Ordinance - Oso Creek Corner (Participation), 3. CC4 -Participation Agreement (+ Exhibits) - Oso Creek Corner (Participation), 4. CC6A-Oso Creek Corner without notes (Participation), 5. CC7-Oso Creek Corner Location Map

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Ordinance authorizing a Developer Participation Agreement with MPM Development, L.P. to reimburse the developer an amount not to exceed $1,118,463.05 for the construction of a section of Oso Parkway related to the Oso Creek Corner subdivision located off Yorktown Boulevard and southeast of Starry Road; and amending the operating budget by transferring $896,527.00 from the Public Works - Streets Fund (No. 1041) and $221,936.05 from the Public Works - Storm Water Fund (No. 4300) to the Development Services Fund (No. 4670). (District 5).