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HomeMy WebLinkAbout10 Roxy Ridge Subdivision ACTION ITEM #10AgreementDevelopment and Reimbursement Consideration of a Water AgreementDevelopment and Reimbursement Consideration of a Water August 3, 2016 Consideration of a Water Development and ChezUntil 2015, only one single family residence built and owned by Dr. •incomplete –Water Development Agreement •completed–Electric Development Agreement •Four lot subdivision within our service territory started in 2003•Roxy Ridge Subdivision •BACKGROUND / HISTORY Reimbursement AgreementConsideration of a Water Development and Reimbursement Agreement NEW INFORMATION Complete the final steps and take ownership of the water facilities•upon terms and outlines responsibilitiesThis Agreement and Reimbursement Agreement solidifies all agreed •Letter of Intent was signed outlining the agreement, March 2016•complete the Water Development AgreementDiscussion and negotiations ensued with District staff and Dr. Chez to •Health and Safety•Boundariesparty water purveyors within District -rd Code does not allow for 3•The District was unable to provide water service•the residence2015, US Bank Corp acquired •Reimbursement AgreementConsideration of a Water Development and Reimbursement AgreementConsideration of a Water Development and FISCAL IMPACT There is no direct fiscal impact associated with this item•Reimbursement AgreementConsideration of a Water Development and Reimbursement AgreementConsideration of a Water Development and RECOMMENDATION Roxy Ridge Subdivisionany ancillary agreements/documents associated with finalizing the execute the Water Development and Reimbursement Agreement and 21 authorizing the General Manager to -Adopt Resolution 2016•Reimbursement AgreementConsideration of a Water Development and Reimbursement AgreementConsideration of a Water Development and