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22-082

Recommended Action: It is recommended that the City Council and the Board of Directors of the Hesperia Water District authorize the City Manager to execute an Agreement for the Purchase and Sale Agreement with Silverwood Development Phase 1, LLC (the Developer) in the amount of $6,332,931 for the acquisition of wastewater infrastructure assets constructed to support the Silverwood master-planned community.

Resolution Consent Calendar Introduced May 14, 2025

What this record is

Held by
Silverwood Development Phase 1, LLC
Amount
$6.33M
Runs until
no end date published in this record
Type
purchase
Field
Construction

Read automatically from the title of the official record. The source document below is authoritative.

Committee
City Council
Requested by
Finance Department
Introduced
May 14, 2025
On agenda
May 20, 2025

Where it was heard

City Council May 20, 2025 approved Pass