Posting Language
Title
Authorize negotiation and execution of a cost participation agreement with Vanterra Capital Group, LLC for the City to reimburse the developer an amount not to exceed $709,430 for design and construction costs associated with oversizing a water main and appurtenances related to Service Extension Request No. 6398 that will provide water service to a proposed mixed-use development located in the City's extraterritorial jurisdiction south of Killingsworth Lane, west of Cameron Road, and north of Howard Lane. Funding: $709,430 is available in the Fiscal Year 2025-2026 Capital Budget of Austin Water.
De
Lead Department
Austin Water.
Fiscal Note
Funding: $709,430 is available in the Fiscal Year 2025-2026 Capital Budget of Austin Water.
For More Information:
Inquiries should be directed to Vicky Addie, Program Coordinator, 512-972-0332 or Vicky.Addie@austintexas.gov.
Council Committee, Boards and Commission Action:
July 15, 2026 - Recommended by the Water and Wastewater Commission on an 8-0 vote, with three absences.
Additional Backup Information:
The Fossil Creek project consists of approximately 16 acres of land located south of Killingsworth Lane, west The Fossil Creek project consists of approximately 16 acres of land located south of Killingsworth Lane, west of Cameron Road, and north of Howard Lane (Property). The Property is located entirely within the City's two-mile extraterritorial jurisdiction, Impact Fee Boundary, Austin Water's water service area, the Desired Development Zone, and the Gilleland Creek Watershed. A map of the Property location is provided.
Vanterra Capital Group, LLC (Owner) is proposing to develop approximately 195 single-family townhomes and approximately 200 multi-family units. The Owner has requested that the City provide water utility service to the Property as proposed in Service Extension Request (SER) No. 6398. Austin Water will also provide retail wastewater service to the Property as proposed in SER No....
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