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HomeMy WebLinkAbout033948 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 $214,304.40 for the development known as King's Landing Unit 13, 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 $214,304.40 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 13, Corpus Christi, Nueces County, Texas. and APPROVED on the " J day of Tv'-Nst.. , 2026. A ette Guajardo, Ma Rebecca Huerta, City Secretary 033 948 J 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: 25-1808 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 $214,304.40 for the development known as King's Landing Unit 13, located north of Lady Alexa Drive and west of London Pirate Road (District 3). Amount Required: (Amount to be Certified) $ 214,304.40 Funding Detail: Fund: 1041 (Streets) Department: 33 (Streets) Organization: 11112 (Purchases with Short Term Debt) Project # (CIP only): King's Landing Unit 13 Participation Agreement Account: 530000 (Professional Services) Amount: $214,304.40 Fiscal Year: 2026 ❑ Certification Not Required e..)).°1 \O' Director of Financial & Procurement Date: 1