City of Coppell, Texas - File #: 2023-7085

• File #: 2023-7085
• Version: 1
• Name: Belt Line Developers Agreement
• Type: Agenda Item
• Status: Passed
• File created: 9/1/2023
• In control: Engineering
• On agenda: 9/12/2023
• Title: Consider approval to enter into a Developers Agreement between the City of Coppell and Victory Retail Coppell, LLC.; for the reimbursement of design, construction, and installation of infrastructure improvements with the S. Belt Line project; and authorizing the City Manager to sign necessary agreements.

Date	Ver.	Action By	Action	Result
9/12/2023	1	City Council	Approved on the Consent Agenda

Title

Consider approval to enter into a Developers Agreement between the City of Coppell and Victory Retail Coppell, LLC.; for the reimbursement of design, construction, and installation of infrastructure improvements with the S. Belt Line project; and authorizing the City Manager to sign necessary agreements.

Summary

Fiscal Impact:

The fiscal impact of this agenda item is a reimbursement of $344,466.57 back to the Beltline Road project.  

Staff Recommendation:

The Public Works Department recommends approval.

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Sustainable Government