Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Development Assignment topic
No spam. Unsubscribe anytime.
Council approves assignment of development agreement for Preserve at Brushy Creek
Summary
Council approved an assignment of a development agreement from Pathway Land Development, LLC to Century Land Holdings of Texas, LLC for the Preserve at Brushy Creek project; council voted unanimously.
City Attorney Susan Thomas explained council previously approved a development agreement that had been assigned to Pathway Land Development and that a further assignment to Century Land Holdings of Texas, LLC (for the Preserve at Brushy Creek) required council approval. Mayor Pro Tem John Verity moved to approve the assignment; the motion was seconded by Council Member Justin Poppelreiter and passed unanimously.
The transcript does not list financial terms or lender/escrow details for the assignment; the item was presented as a noncontroversial, consent-level action requiring council approval to permit the contractual assignment to proceed.
