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Council approves development agreement for 86-acre Montgomery Crossing subdivision; PID financing and utility responsibilities outlined
Summary
Council accepted a development agreement for Montgomery Crossing, an 86-acre single-family subdivision that includes city-built sewer infrastructure reimbursed by a PID levy. Staff said buildout would generate about 36,900 gallons per day at full buildout of 235 homes and that PID assessments are proposed at about $2,000 per lot per year.
The Montgomery City Council on Sept. 24 approved a development agreement with Morning Cloud Investments and Solid Bridge Construction for an 86-acre single-family project called Montgomery Crossing.
City staff outlined provisions the council said were unique to this agreement: the subdivision will require an on-site public lift station whose design and construction will be completed by the city at the developer's expense and a force main that will discharge into an upsized existing gravity sewer line. Staff said at full buildout'projected at…
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