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Council approves PSA for Caddo 200 development; staff to negotiate P3 Works contract
Summary
Council approved a Professional Services Agreement with Caddo 200 Pursuit, LP and authorized negotiations with P3 Works for professional services; Community Services Director said the developer is 'planning for approximately 500 homes.'
The City Council approved a Professional Services Agreement with Caddo 200 Pursuit, LP and authorized the City Manager to negotiate and execute a contract with P3 Works, LLC related to the development. Community Services Director Matt McMahan told council the developer "was planning for approximately 500 homes," characterizing the scale planned for the site.
Council approved the PSA and the authorization to contract with P3 Works by unanimous vote. The minutes record the approvals and note that P3 Works will be engaged for professional services; further project details, timing, and any financial commitments were not included in the minutes.
