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Council approves development deal and related pipeline and services agreements for Hawthorne Machinery site in Eagles Landing
Summary
The council approved a package to support a Hawthorne Machinery facility in Eagles Landing: a pipeline license with BNSF, a PSA amendment allocating pipeline permitting fees to the developer, and a development agreement to sell ~5.51 acres at $100,000/acre with performance covenants including a $4.325 million minimum capital investment and a phased requirement of at least 10 full-time equivalents.
The City Council approved a series of linked actions to allow a Hawthorne Machinery facility (Project CAT) to locate on roughly 5.5 acres in Eagles Landing Business Park.
Staff described a pipeline license agreement required for a water line to bore under Burlington Northern Santa Fe railroad property as part of the Libertas Nature Creek Reserve/Libertas development. After discussion, council approved the pipeline license agreement with BNSF.
Council then approved a first amendment to the professional services agreement (PSA) with Libertas Decatur LP to specifically include the work…
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