HomeMy WebLinkAbout033775 ORD - 10/14/2025Ordinance authorizing a Development Participation Agreement with
Braselton Development Company, LTD to reimburse the developer for the
oversizing of the street infrastructure improvements on Lady Claudia not to
exceed $143,198.45 for the development known as London Towne
Subdivision Unit 12 (District 3).
WHEREAS, the Developer is constructing public improvements for London Towne
Subdivision Unit 12 ("Subdivision");
WHEREAS, the Developer is oversizing improvements by constructing Lady
Claudia as C-3 collector street in lieu of 28' residential street ("Public
Improvements"); and
WHEREAS, the Developer and the City seek to enter into a contract to
construct public improvements, and such contract meets the requirements of Texas
Local Government Code §§ 212.071-212.074.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
CORPUS CHRISTI, TEXAS, THAT:
SECTION 1. The recitals contained in the preamble of this Ordinance are determined to
be true and correct, are hereby adopted by the City Council, and made a part hereof for
all purposes as findings of fact.
SECTION 2. The City Manager or designee is authorized to execute a developer
participation agreement with Braselton Development Company, Ltd., for an amount not
to exceed $143,198.45 to construct the Public Improvements, including all related
appurtenances, for the development of the Subdivision.
SECTION 3. This Ordinance shall become effective upon passage.
Introduced and voted on the 9 day of UL 1� , 2025.
P SED a • APPROVED on the `Lt day of 6GU.( , 2025.
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Paulette Guajardo, Mayor
ebe ca Huerta, Cit Secretary
0337 75 SCANNED
CITY OF CORPUS CHRISTI
CERTIFICATION OF FUNDS
(City Charter Article IV, Sections 7 & 8)
I, the Director of Financial Services of the City of Corpus Christi, Texas (or his/her duly
authorized representative), hereby certify to the City Council and other appropriate
officers that the money required for the current fiscal year's portion of the contract,
agreement, obligation or expenditure described below is in the Treasury to the credit of
the Fund specified below, from which it is to be drawn, and has not been appropriated for
any other purpose. Future payments are subject to annual appropriation by the City
Council.
City Council Action Date: 10/07/2025 Legistar Number: 25-1324
Agenda Item:
Ordinance authorizing a Development Participation Agreement with Braselton
Development Company, LTD to reimburse the developer for the oversizing of the street
infrastructure improvements on Lady Claudia not to exceed $143,198.45 for the
development known as London Towne Subdivision Unit 12 (District 3).
Amount Required: (Amount to be Certified)1143,198.45
Funding Detail:
Fund: 1041 Streets
Department: 33 Streets
Organization: 11112 Purchases with Short Term Debt
Project: London Towne - Lady Claudia Street Participation Agreement
Account: 530000 Professional Services
Amount: $143,198.45
Fiscal Year: 2026
❑ Certification Not Required
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Director of Financial Services Date:
1