File #: Res. 2024-140R    Version: 1 Name:
Type: Resolution Status: Passed
File created: 6/11/2024 In control: City Council
On agenda: 8/5/2024 Final action: 8/5/2024
Title: Consider approval of Resolution 2024-140R, approving a developer participation agreement with Lennar Homes of Texas Land and Construction, Ltd., providing for the city to participate in the cost of waterline construction along Staples Road to cover the cost of additional improvements needed by the city in an amount not to exceed $2,340,876.46; authorizing the City Manager, or her designee, to execute said agreement on behalf of the city; and declaring an effective date.
Attachments: 1. Resolution, 2. River Bridge Ranch - Participation Agreement, 3. RiverBridgeMap
AGENDA CAPTION:
Title
Consider approval of Resolution 2024-140R, approving a developer participation agreement with Lennar Homes of Texas Land and Construction, Ltd., providing for the city to participate in the cost of waterline construction along Staples Road to cover the cost of additional improvements needed by the city in an amount not to exceed $2,340,876.46; authorizing the City Manager, or her designee, to execute said agreement on behalf of the city; and declaring an effective date.
Body
Meeting date: August 5, 2024

Department: CIP & Engineering

Amount & Source of Funding
Funds Required: $2,340,876
Account Number: Project: C430-WWW-IMFEE, GL: 52092400.70200
Funds Available: $2,400,021
Account Name: Staples Road 12 in Waterline

Fiscal Note:
Prior Council Action: Design Contract Award - June 2018

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Background Information:
The City proposes a new 12-inch waterline along Staples Road from the Hills of Hays Subdivision to Old Bastrop Highway with the Staples Waterline Project. During design and easement acquisitions for this project the River Bridge Ranch Development near the intersection of Farm to Market Road 110 and Staples Road was under planning and design of a single family residential neighborhood. The Rive...

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