File #: 15-0188    Version: Name:
Type: Ordinance Status: Passed
File created: 2/18/2015 In control: City Council
On agenda: 3/24/2015 Final action: 3/31/2015
Title: Second Reading Ordinance - to reimburse developer for shared cost of bridge construction (1st Reading 3/24/15) Ordinance appropriating $3,294.94 of interest earned in the No. 4730 Infrastructure Fund and transferring to and appropriating in No. 3530 Streets CIP Fund; and appropriating $28,783.91 from the No. 4730 Infrastructure Fund to reimburse VOJO Ventures, LLC.; and approving $28,783.91 to reimburse the VOJO Ventures, LLC. from the No. 4730 Infrastructure Fund for the proportionate share of a future bridge construction and supporting public utility infrastructure as required to plat The Coves at Lago Vista Unit 1.
Sponsors: Development Services
Attachments: 1. Agenda Memo - VOJO Ventures, LLC, 2. Ordinance - Coves at Lago Vista Unit 1, 3. Deferment Agreement - Bridge Construction Coves @ Lago Vista, 4. Participation Agreement - Coves at Lago Vista Unit 1
Title
Second Reading Ordinance - to reimburse developer for shared cost of bridge construction (1st Reading 3/24/15)
 
Ordinance appropriating $3,294.94 of interest earned in the No. 4730 Infrastructure Fund and transferring to and appropriating in No. 3530 Streets CIP Fund; and appropriating $28,783.91 from the No. 4730 Infrastructure Fund to reimburse VOJO Ventures, LLC.; and approving $28,783.91 to reimburse the VOJO Ventures, LLC. from the No. 4730 Infrastructure Fund for the proportionate share of a future bridge construction and supporting public utility infrastructure as required to plat The Coves at Lago Vista Unit 1.