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Canyon approves West Texas Crossing development agreement with Sad Monkey Development
Summary
The Commission approved a development agreement with Sad Monkey Development to establish responsibilities, sequencing, maintenance and acceptance conditions for public infrastructure to serve the West Texas Crossing commercial development.
Assistant City Manager and Director of Planning and Development Dustin Meyer presented a development agreement between the City of Canyon and Sad Monkey Development for the West Texas Crossing commercial project. Meyer said the agreement defines the public improvements to be constructed, timing and sequencing of construction, and maintenance and warranty obligations as conditions for the City to accept the public improvements for ownership and maintenance.
After discussion the Commission approved the West Texas Crossing development agreement unanimously. The agreement assigns responsibilities between the developer and the City; staff will follow contract terms for inspection, acceptance and maintenance transition.
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