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August 22, 2024, City Council Regular Meeting
Title
33. Approval of an Amendment to an Existing Executed Water and Sewer Agreement for the New Hampstead PUD. The original agreement is for 9,800 units of mixed development in Aldermanic District 5.
Strategic Priority
Infrastructure
Description

This is an amendment to an existing executed water and sewer agreement for the New Hampstead PUD. The PUD is for around 9,800 units of mixed development. The amendment is to address build out rates and establish an absorption schedule in order to ensure water and sewer capacity can meet the increasing demand in the area. This amendment also puts an expiration date of January 1, 2036, on the agreement. After that date, the City is no longer held liable for any unused water or sewer capacity that is called out in the agreement.

Recommendation

Approval

Contact
James Laplander, Director, Water Resources Planning and Engineering Department
Financial Impact
N/A
Review Comments
Attachments
Exhibit 1: First Amendment - Water & Sewer Agreement - New Hampstead.pdf
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