FOURTH AMENDMENT TO NORTHERN SOLUTION WATER FACILITIES AGREEMENT RECOMMENDATION: ADOPT RESOLUTION NO. 15-1723 APPROVING AND AUTHORIZING CITY MANAGER TO EXECUTE THE FOURTH AMENDMENT TO NORTHERN SOLUTION WATER FACILITIES AGREEMENT RELATING TO THE DEVELOPMENT OF WATER RESOURCES AND INFRASTRUCTURE TO PROVIDE WATER SERVICE TO ESTRELLA; AUTHORIZING CITY MANAGER TO TAKE ALL ACTIONS AND EXECUTE ALL DOCUMENTS NECESSARY TO CARRY OUT INTENT OF RESOLUTION AND TERMS OF THE AMENDMENT; AND PROVIDING FOR AN EFFECTIVE DATE. PURPOSE: Under the terms of the Master Development Agreement for Estrella, the developer is required to design and construct water facilities needed to serve Estrella. Pursuant to this obligation, various entities with ownership interests in Estrella (“NNP Entities”) entered in to the Northern Solution Water Facilities Agreement (“Northern Solution Agreement”) that provided for the development of additional potable water resources needed to serve new development. The proposed amendment extends the deadline for the completion of certain improvements that are in the process of being constructed. The proposed amendment will encourage development in Estrella while providing adequate protections that the City’s ability to serve new development will not be impaired and that the improvements will be completed. (Rebecca Zook, Engineering Director)

Committee

City Council Regular Meeting

Introduced

September 22, 2015

On agenda

September 28, 2015

Passed

September 28, 2015