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24-0278

Executive session pursuant to Texas Government Code § 551.071 and Texas Disciplinary Rules of Professional Conduct Rule 1.05 to consult with attorneys concerning legal issues related to Corpus Christi Unified Development Code Article 3 (Development Review Procedures) and potential waiver thereof, Sections 8.5.1 through 8.5.2.H. (Trust Funds), master plans related to water and sewer infrastructure and other potential improvements to real property, impact fees and Chapter 395 of the Texas Local Government Code, vested rights, Texas and federal law related to exactions and takings, the potential repeal of Ordinance 033246 approved on December 12, 2023 titled “One-reading ordinance authorizing a Water Arterial Transmission and Grid Main Construction and Reimbursement Agreement up to $1,486,159.43 with LM & JM Investments, LLC to construct a 12-inch water arterial transmission grid main line for the proposed development located off CR 22 and CR 49, also known as London Ranch Estates Subdivision; and authorizing future transfer and appropriation of Water and Wastewater Trust Fund revenue up to $1,486,159.43 to reimburse the developer in accordance with the agreement.”, and the potential waiver of UDC Sections 8.5.1.C. and 8.5.2.E. and other UDC and applicable Code provisions, conditioned on alternate consideration requirements to be specified in the waiver ordinance.

E-Session Item Filed with the City Secretary Introduced February 9, 2024

What this record is

Held by
LM & JM Investments, LLC
Amount
$1.49M
Runs until
no end date published in this record
Type
contract
Field
Construction

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

Committee
City Council
Introduced
February 9, 2024
On agenda
February 13, 2024
Passed
February 13, 2024
Enacted
February 13, 2024
Enactment no.
033300

Where it was heard

City Council Feb 13, 2024 passed after executive session Pass