File #: 22-1268    Version: 1 Name:
Type: Ordinance Status: To Be Introduced
File created: 7/11/2022 In control: City Council
On agenda: 9/20/2022 Final action: 9/20/2022
Title: Ordinance authorizing a Water Arterial Transmission Grid Main Construction and Reimbursement Agreement (“Agreement”) for up to $471,488.10 with Cypress Point Capital, LLC (“Developer”) for the construction of a water arterial transmission grid main line for a residential development located South of Farm Road 2444 on County Road 43 with a completion date of within 24 months; appropriating $471,488.10 from the Water Arterial Transmission & Grid Main Trust Fund to reimburse the developer in accordance with the agreement.
Sponsors: Development Services
Attachments: 1. Agenda Memo-Caroline's Heights Unit 1, 2. Email from TxDOT re Annexation, 3. Ordinance-Caroline's Heights Unit 1 w Exhibits, 4. Water Reimbursement and Annex Agreement - Cypress Point Capital LLC - 7.14.pdf, 5. Presentation -Caroline's Heights Unit 1, 6. Caroline's Heights Unit 1-map, 7. Petition of Landowners - Cypress Point Capital

Title

Ordinance authorizing a Water Arterial Transmission Grid Main Construction and Reimbursement Agreement (“Agreement”) for up to $471,488.10 with Cypress Point Capital, LLC (“Developer”) for the construction of a water arterial transmission grid main line for a residential development located South of Farm Road 2444 on County Road 43 with a completion  date of within 24 months; appropriating $471,488.10 from the Water Arterial Transmission & Grid Main Trust Fund to reimburse the developer in accordance with the agreement.