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December 19, 2024, City Council Regular Meeting
Title
49. Approval of a Water & Sewer Agreement with Clayton Properties Group, Inc. dba Mungo Homes and Developer's Capital Fund, LLC for Hopeton Landing West. This is for a development consisting of 275 single family homes off Little Neck Road in the Travis Field Service Area in Aldermanic District 5.
Strategic Priority
Infrastructure
Description

Clayton Properties Group, Inc. dba Mungo Homes and Developer’s Capital Fund, LLC, has requested a water and sewer agreement for the Hopeton Landing West, a development consisting of 275 single family homes off Littleneck Road in the Travis Field Service Area in Aldermanic District 5. The water and sewer systems have adequate capacity to serve this 275 equivalent residential unit development. The Water and Sewer connection fee totaling $1,760,000 is based on the proposed water consumption that shall be paid by the developer prior to the release of any water meters as each house goes online. The agreement is consistent with policy directives given by the Mayor and Aldermen and has been reviewed and approved by the City Attorney for legal format.

Recommendation

Approval

Contact
James Laplander, Director, Water Resources Planning and Engineering
Financial Impact
$1,760,000 in Revenue
Review Comments
Attachments
Exhibit 1 : Water & Sewer Agreement - Hopeton Landing West.pdf
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