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7.14.
Regular City Council Meeting
Meeting Date:
04/13/2021
Information
Agenda Item
Resolution - Engineering:
Consider a resolution authorizing the Mayor to execute Contract 15823, a Development Agreement, for the construction of drainage improvements, by and between the City of Lubbock and Red Canyon Development, LLC.
Item Summary
The developer of property adjacent to Memphis Avenue and 114th Street requested that the City participate in the costs associated with the Memphis Avenue Drainage Improvements Project.
These improvements will occur along the east side of Memphis Avenue and will include surface and subsurface drainage improvements to convey surface water that comes to this location from Memphis Avenue. This agreement will utilize the established Capital Improvement Project 92708, Memphis Avenue Drainage Improvements, and appropriate funding in the amount of $120,583 from the Stormwater Fund for a development agreement between the City of Lubbock and Red Canyon Development, LLC.
Fiscal Impact
$120,583 is appropriated in Capital Improvement Project 92708, Memphis Avenue Drainage Improvements, with $120,583 available for this purpose.
Staff/Board Recommending
Jesica McEachern, Assistant City Manager
Attachments
Resolution
Agreement
Location Exhibit
CIP Spreadsheet
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