HomeMy WebLinkAbout0132_125CONTRACT - LESLIE MOORE
SLIVER REFUND - COUNTRY CLUB ACRES
THE STATE OF TEXAS
COUNTY OF WILLIAMSON
125
WIIEIZEAS, the City of Georgetown, Texas, passed and adopted the 10th day
of December, 1962, an ordinance providing for water and $ewer line extension,
and further providing that the said City of Georgetown, exas, may enter into
contracts with subdividers for refunds on improvements of water and sewer
lines made by them, and,
WHE'R.EAS, Leslie E. Moore, Trustee, has at his expense contracted to
install a certain sewer main to serve Lots 1 through 18, Block "E", Country
Club Acres addition, located in the Northwest portion of the City of George-
town, Texas, and,
WHELEAS, the contract cost of installation of said sewer main to serve
Block "E", in Country Club Acres, City of Georgetown, Texas, was $10,000.00
said sewer main consisting of eight (8) inch V.C. pipe and including manholes,
said main extending along and parallel with the Southerly lines of Lots 1
through 18 in said Block "E", of said Country Club Acres, all according to
a map or plat thereof showing the number of feet of pipe, location of said
line and manholes, etc. which plat is attached hereto and made a part hereof, and,
WHEREAS, the said Leslie E. Moore, Trustee, has presented to the City
Manager of Georgetown, Texas, in accordance with Section One, Subparagraph
five of said Ordinance, the necessary information and figures regarding
the installation of said main, and it is necessary and desired that the said
City and said developer enter into a contract for a refund to the developer
for the cost of installation of said sewer main in accordance with the terms
of said Ordinance.
NOW THEREFORE, IN CONSIDERATION of the premises and of the installa-
tion of said sewer main by Leslie E. Moore, Trustee, in Country C'ub Acres,
City of Georgetown, Texas, as shown on the map attached hereto, which said
installation is expected to be completed, inspected and accepted by the
City of Georgetown, on or about August 1, 1968, the City of Georgetown,
Texas, acting by and through its duly authorized officers and officials
agrees as follows: That following completion and acceptance of said sewer
main the City of Georgetown, Texas, will refund and pay to the said Leslie
E. Moore, Trustee, on or shortly after January 1, 1969, and on or shortly
after the first da of January of each succeeding year thereafter for a
period of seven (7� years from the date of this contract 40 per cent of the
revenue received from the sewer connections for Lots 1 through 18, of said
Block "E", Country Club Acres, unless and except that if 90 -per cent of the
original cost of said improvements is refunded from any and all sources
prior to the end of said seven (7) years no further refund will be made.
Said City of Georgetown, further agrees to furnish to said Leslie E.
Moore, Trustee, an itemized account of the receipts from each sewer -
connection or customer for the preceding 12 month period, at the time of
payment of said refund.
And it is further agreed that if commercial or residential development
of property occurs on the opposite side of said sewer line, the City agrees
to exercise diligence to negotiate a reasonable sewer connection fee as
to each connection approximately equal to 1/2 of the cost of said
sewer line to each lot to be collected and passed on the Leslie E. Moore,
Trustee, all inconformity with existing statutes and ordinances.
IN WITNESS WHEREOF, the said Leslie E. Moore, Trustee, and duly
authorized officials of the City of Georgetown, Texas, have affixed their
signatures to duplicate copies hereof on this the 28th day of June, 1968.
Signed Leslie E. Moore, Trustee
CITY OF GEORGETOWN,
Signed Jay C. Sloan, Mayor
The above contract was approved by the City Council of the City of
Georgetown, Texas, in a regular meeting on the 8th day of July, 1968