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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 235 homes'the development would generate roughly 36,900 gallons per day of wastewater, and that the timing of the plant expansion aligns with the subdivision's projected schedule.
The agreement anticipates financing some improvements through a Public Improvement District (PID). Staff described the PID as a property assessment, not a separate tax, and said developer reimbursements would be paid solely from assessments within the development. The packet describes an example assessment of about $2,000 per lot per year (including principal and interest) over a 30-year term; the district would not be permitted to annex additional land without city approval.
The development agreement also includes provisions for water service (connections to a 12-inch main and an 8-inch line and an 8-inch extension to the north for future connections), detention ponds to remain the developer's responsibility, a required tree buffer of at least 20 feet along the railroad, and variances on lot sizes and setbacks consistent with the previously presented plan.
Council members questioned timing and capacity for water and sewer; staff said Well No. 2 is expected to be online in April with contract completion in June and that the wastewater timing was built into the city's planning for a new treatment plant. After discussion, a council member moved to accept the development agreement as presented; the motion passed on a voice vote.
The city will execute the development agreement and coordinate the subsequent PID petition (which staff said the developer will file within 10 days of property closing), utility agreements and required plats and permits.
