Item Coversheet


CITY OF KYLE, TEXAS

Intermandeco PID and Amendment to DA

Meeting Date: 10/17/2017
Date time:
7:00 PM

Subject/Recommendation:

Consider acceptance of a PID application and petition submitted by Intermandeco GP, LLC for property bounded by Opal and Roland Lane in Kyle, Texas, and amending paragraph 1.06 of the Development Agreement between the City of Kyle and Driskell Family with Intermandeco adopted 8/1/17. ~ J. Scott Sellers, City Manager

Other Information:

Amendment of Paragraph 1.06 of the Development Agreement between the City of Kyle and Driskell Family with Intermandeco adopted 8/1/17 to read as follows: "Developer and City intend to finance a portion of the offsite wastewater facilities sufficient to serve the property, a portion of the boundary road improvements sufficient to serve the property, and other authorized improvements under the PID Act through a city administered PID, and agree to establish the PID by resolution pursuant to section 372.010 of the PID Act within six months of the application date."


Legal Notes:


Budget Information:





ATTACHMENTS:
Description
Intermandeco PID Petition
Exhibit A
Driskell Intermandeco Development Agreement - Recorded