Ordinance authorizing a Wastewater Trust Fund Reimbursement Agreement up to $2,280,573.90 with Mostaghasi George Development, LLC to construct a wastewater improvement for a proposed residential development located south of FM 43 and east of CR 43, also k

Staff Report & Agenda Item Details

Ordinance authorizing a Wastewater Trust Fund Reimbursement Agreement up to $2,280,573.90 with Mostaghasi George Development, LLC to construct a wastewater improvement for a proposed residential development located south of FM 43 and east of CR 43, also known as Kaspian Subdivision Unit 1 and authorizing future appropriation of Wastewater Trust Fund revenue up to the $2,280,573.90 to reimburse the developer in accordance with the agreement and Unified Development Code. (District 5).

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 7.2/10). Under the Bastiat Liberty Watchdog Index, voting YES on measures that cap or reduce ad valorem tax burdens, expand taxpayer exemptions, retire debt early, enforce competitive bidding caps, or remove regulatory/zoning barriers to private property rights earns a positive Pro-Liberty score.