File #: 23-0825    Version: 1 Name:
Type: Ordinance Status: Passed
File created: 5/9/2023 In control: City Council
On agenda: 6/13/2023 Final action: 6/27/2023
Title: Ordinance authorizing an amendment in the amount of $79,923.00 to the Water Arterial Transmission and Grid Main Construction and Reimbursement Agreement with Cypress Point Capital, LLC, to fully fund the construction of a required water arterial transmission grid main line for the proposed residential development located South of Farm Road 2444 on County Road 43, otherwise known as Caroline’s Heights Unit 1; appropriating $79,923.00 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 - Amendment Reimbursement Agreement (Carolines Heights Unit 1), 2. Ordinance - Amendment (Carolines Heights Unit 1) 5.22.23, 3. Amendment of Water Arterial Reimbursement Agreement-Caroline Heights $79,923 updated, 4. Presentation without notes-Amendment Carolines Heights Unit 1, 5. Caroline's Heights Unit 1-map

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Ordinance authorizing an amendment in the amount of $79,923.00 to the Water Arterial Transmission and Grid Main Construction and Reimbursement Agreement with Cypress Point Capital, LLC, to fully fund the construction of a required water arterial transmission grid main line for the proposed residential development located South of Farm Road 2444 on County Road 43, otherwise known as Caroline’s Heights Unit 1; appropriating $79,923.00 from the Water Arterial Transmission & Grid Main Trust Fund to reimburse the developer in accordance with the agreement.