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Council approves ODC performance agreement to reimburse DGK for infrastructure up to $7.83M
Summary
The Odessa Development Corporation and city council approved a performance agreement to reimburse DGK Incorporated for phased infrastructure improvements (roads, curb & gutter, water/sewer) near Yukon Road and Mission Drive, up to $7,834,733, on a reimbursement basis after inspections.
The Odessa City Council considered and approved a performance agreement between the Odessa Development Corporation (ODC) and DGK/DJK Incorporated to support construction of infrastructure improvements — including roads, curb-and-gutter, water and sewer — on property near Yukon Road and Mission Drive.
Dr. James Kirk, president of the ODC, summarized the agreement and told council the ODC had reviewed the matter at a special session and…
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