Authorize negotiation and execution of a cost participation agreement with JCI Multifamily, LP, for the City to reimburse the developer in an amount not to exceed $5,313,000 for costs associated with the design and construction of oversized water mains and appurtenances related to Service Extension Request No. 5441R that will provide water service to proposed multifamily developments located at 14709 Immanuel Road. Funding: $5,313,000 is available in the Fiscal Year 2024-2025 Capital Budget of Austin Water.
25-0932 · Consent · Agenda Ready