2025-R-85
Authorizing the City Manager to Execute a contract between The City of Laredo and Terra Development Group, LC, A Texas Limited Liability Corporation, and San Pedro Ranch, Ltd.., A Texas Limited Partnership, for the reservation of Water Capacity for approximately 1,400 Acres referred to in the Contract as the subject tract for a term of twenty-five years during which the owners may develop the subject tract by subdividing and developing according to all City of Laredo requirements for all or part of the subject tract; providing for mandatory, non-binding mediation. There will be no financial impact for the City.
What this record is
- Runs until
- March 11, 2050 23 years away date calculated from a contract term stated in the record, not quoted directly
- Type
- contract
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Read automatically from the title of the official record. The source document below is authoritative.
- Committee
- City Council
- Requested by
- Utilities
- Introduced
- March 11, 2025
- On agenda
- April 7, 2025
Where it was heard
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