Posting Language
Title
Authorize negotiation and execution of a cost participation agreement with Soco Development LP for the City to reimburse the developer for costs associated with the design and construction of an oversized water main and appurtenances related to Service Extension Request No. 5627 that will provide water service to a proposed mixed-use development located at 2105 S. Congress Ave in an amount not to exceed $402,500.
De
Lead Department
Austin Water.
Fiscal Note
Funding is available in the Fiscal Year 2022-2023 Capital Budget of Austin Water.
For More Information:
Inquiries should be directed to Blanca Madriz, 512-972-0115, or Blanca.Madriz@austintexas.gov.
Council Committee, Boards and Commission Action:
August 7, 2023 - Recommend by the Water and Wastewater Commission on a 6-0 vote with one absence and four vacancies.
Additional Backup Information:
The S Congress and E Live Oak project consists of approximately 2.84 acres of land located at 2105 S. Congress Ave. (the "Property"). The Property is located entirely within the City of Austin's (the "City") Full-Purpose, Impact Fee Boundary, Austin Water's service area for water and wastewater, the Desired Development Zone, and the East Bouldin Watershed. A map of the property location is attached.
Soco Development LP (the "Owner") is proposing to develop approximately 5 single-family homes, 273 multi-family units, 8,000 sq. ft. retail space, and 8,000 sq. ft. restaurant space. The Owner requested that the City provide water utility service to the Property as proposed in Service Extension Request (SER) No. 5627. Austin Water will provide retail wastewater service to the Property as proposed in SER No. 5628.
In accordance with Chapter 25-9 of the City Code, the City has asked the Owner to oversize the water main in order to serve additional properties within the Central South water pressure zone consistent with the City's long range planning goals for this area. If approved by City Council, ...
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