HomeMy WebLinkAbout033947 RES - 06/23/2026Resolution authorizing a Participation Agreement ("Agreement") with MPM
Development, LP ("Developer") for the City's share of the cost for the oversizing
of the Portland Cement Concrete Pavement/Roller Compacted Concrete
Pavement (PCCP/RCCP) street infrastructure improvements from a "L-1A"
Local Residential street to a "C-3" Primary Collector street on Castle Black Drive
not to exceed $842,210.40 for the development known as King's Landing Unit
12, located north of Lady Alexa Drive and west of London Pirate Road (District
3).
WHEREAS, the Developer is oversizing by constructing Castle Black Drive as
C-3 collector street in lieu of 28' residential street;
WHEREAS, the City has determined the agreement will carry out the purpose
of the Unified Development Code; 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.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI,
TEXAS:
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 MPM Development, LP, ("Developer") to
reimburse the developer up to $842,210.40 for the City's portion of the cost to
construct Castle Black Drive with Roller Compacted Concrete for the development of
King's Landing Unit 12, Corpus Christi, Nueces County, Texas.
and APPROVED on the r„ day of ,�u_(\_L. , 2026.
Paulette Guajardo, M,yor
Rebecca Huerta, City Secretary
033947
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: June 23, 2026 Legistar Number: 25-1806
Agenda Item:
Resolution authorizing a Participation Agreement ("Agreement") with MPM
Development, LP ("Developer") for the City's share of the cost for the oversizing of
the Portland Cement Concrete Pavement/Roller Compacted Concrete Pavement
(PCCP/RCCP) street infrastructure improvements from a "L-1A" Local Residential
street to a "C-3" Primary Collector street on Castle Black Drive not to exceed
$842,210.40 for the development known as King's Landing Unit 12, located north
of Lady Alexa Drive and west of London Pirate Road (District 3).
Amount Required: (Amount to be Certified) $ 842,210.40 V
Funding Detail:
Fund:
Department:
Organization:
Project:
Account:
Amount:
Fiscal Year:
1041 (Streets)
33 (Streets)
11112 (Purchases with Short Term Debt)
King's Landing Unit 12 Participation Agreement
530000 (Professional Services)
$842,210.40
2026
❑ Certification Not Required
Director of Financial & Procurement
1
Date: