Posting Language
Title
Authorize negotiation and execution of a cost participation agreement with CLX Ventures, LLC 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. 5023 that will provide water service to a proposed industrial development located at 2700 N. FM 973 in an amount not to exceed $4,025,000.
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 "40 Acre FM 973 Industrial" project is located at 2700 N. FM 973 (the "Property"). The Property is located entirely within the City of Austin's (the "City") 2-mile Extra-Territorial Jurisdiction, Impact Fee Boundary, Austin Water's service area for water and wastewater, the Desired Development Zone, and the Colorado River Watershed. A map of the property location is attached.
CLX Ventures, LLC (the "Applicant") is proposing to develop approximately 538,000 sq. ft. of industrial space. The Applicant requested that the City provide water utility service to the Property as proposed in Service Extension Request (SER) No. 5023. The Property proposes to utilize an on-site sewage facility for wastewater service.
In accordance with Chapter 25-9 of the City Code, the City has asked the Applicant to oversize the water main in order to serve additional properties within the Central water pressure zone consistent with the City's long range planning goals for this area. If approved by City Council, the City will cost participate in this construction project only to the extent of the City's proportionate ...
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