HomeMy WebLinkAbout031863 RES - 09/17/2019 Resolution authorizing an extension of a Reimbursement Agreement for the
installation of water arterial transmission and a grid main line with MPM
Development, LP for a planned residential development, Royal Creek Estates Unit 7
in Council District 5 in an amount not to exceed $109,354.20 and an extension of a
Developer Participation Agreement for partial construction of Oso Parkway in an
amount not to exceed $207,386.85.
WHEREAS, a Water Arterial Transmission and Grid Main Construction and
Reimbursement Agreement expires on October 24, 2019; and
WHEREAS a Developer Participation Agreement with MPM Development, LP
expires on November 7,2019.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS:
SECTION 1. The City Manager, or designee, is authorized to execute an extension of the
performance date of the Water Arterial Transmission and Grid Main Construction and
Reimbursement Agreement for $109,354.20 expiring on October 24, 2019; and the Developer
Participation Agreement for $207,386.85 expiring on November 7, 2019 with MPM
Development, LP, for a period not to exceed a period of 12 months.
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The above resolution was passed by the following vote:
Joe McComb �-tt
Roland Barrera /47e--
Rudy
l `e--
Rudy Garza
Paulette M. Guajardo /4.k)
Gil Hernandez
Michael Hunter f .r�
Ben Molina ,
Everett Roy 4-1/<
Greg Smith
ATTEST: CITY OF CORPUS CHRISTI
Re ecca Huerta Joe Comb
City Secretary Ma •
Corpus Christi, Texas
f7 day of ,592,, , 2019
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