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Boards Approve Agreement to Extend Sewer and Water Toward Hwy. 35; $1,000,000 Public Participation Discussed
Summary
Staff described an economic development agreement with Denton Cross Timbers Partners LLC to extend sewer and water infrastructure across Denton Creek toward I-35 and 1171; the presentation included a proposed $1,000,000 public infrastructure participation (to be split 50/50 between the boards) and concept plans for large warehouse buildings.
Town staff presented an economic development agreement with Denton Cross Timbers Partners LLC intended to extend sewer and water infrastructure into a corridor south of 1171 and east of I-35, unlocking retail and industrial development in that area. The project includes concept plans for two large buildings and staff said the agreement would help bring sewer across Denton Creek so development can proceed.
Staff described a proposed public participation amount of $1,000,000 to help build public infrastructure and said the EDC/CDC had discussed splitting such participation 50/50 between the boards. Staff emphasized the public participation would be reimbursement-based: the town would not release funds until the infrastructure had been completed, accepted and met all requirements.
Timing questions focused on the Trinity River Authority (TRA) regional sewer work: staff said the TRA regional sewer line is expected to be complete by the end of 2026 and that developer-driven work would likely align with that schedule, with possible development starting in late 2026 or early 2027 depending on entitlement and sewer timing. Boards voted to authorize the town manager to execute the agreement.
