Title
Consider and take action on a resolution approving utility conveyance and security agreements with Galveston County Municipal Utility District No. 45 for the following two development projects: Hidden Lakes, Sections 4 and 5, Phase 2; and Hidden Lakes, Section 7B (Public Works Director)
Background:
Approval of this resolution will approve utility conveyance and security agreements with Galveston County Municipal Utility District No. 45 (the “District”) for the following two development projects: Hidden Lakes, Sections 4 and 5, Phase 2; and Hidden Lakes, Section 7B.
The District has constructed certain water, sanitary sewer, and drainage facilities and is formally conveying the facilities to the City pursuant to the utility agreement approved on September 23, 2003 (Ordinance 2003-53, first amended on March 28, 2006 (Ordinance 2006-17), and amended a second time on October 24, 2006 (Ordinance 2006-96). Subject to a security interest retained by the District, the agreement requires that these facilities be conveyed to the city for ownership, operations and maintenance.
The public infrastructure for these developments were accepted into the city’s system per the following table:
Development Agenda Item Date
Hidden Lakes, Section 4, Ph. 2 10D August 23, 2016
Hidden Lakes, Section 5, Ph. 2 10E August 23, 2016
Hidden Lakes, Section 7B 10E January 24, 2017
Attachments:
1. Data Sheet
2. Proposed Resolution
3. Utility Conveyance and Security Agreements
4. Ordinance No. 2003-53
5. Ordinance No. 2006-17
6. Ordinance No. 2006-96
7. Aerial Maps
CONTRACT ORIGINATION: Utility Conveyance and Security Agreements reviewed and approved by City Attorney's office
FUNDING
{X} NOT APPLICABLE
{ } Funds are available from Account #______________
{ } Requires Budget Amendment to transfer from Account #____________to Account # ___________