Ord 1985-119 - Laserfiche WebLink

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E. Developer agrees to dedicate a one-half <1/2) acre site within the District as shown on the Land Plan to the District for a Fire Station. Such land shall be dedicated no later than the date of disbursement of the proceeds of the first sale of bonds by the District. Developer shall make available to the District Two Hundred Fifty Thousand Dollars ($250,000.00) for the construction of a Fire station on the site and the purchase of a class "A" pumper truck and appurtenances; provided, however, if the construction costs of said station and equipment in accordance with the plans and specifications approved by the City are less than ($250,000.00), Developer shall be required to contribute only the lesser amount. In the event the District is not authorized pursuant to Ch. 50 of the Texas Water Code to provide fire protection services and construct and operate the facilities provided in this section, then the amounts specified will be paid directly to the City. It is the intent of Developer and understanding of the City that such purchase is to benefit the area \vi thin the District. It is agreed that these costs are a reimburseable expense of the District under the terms of Chapter 50 of the Texas Water Code and any requests for such reimbursement will not be prohibited or limited by the City. The Developer shall make the $250,000.00 available for funding of the Fire station and purchase of the pumper truck within three (3) years of the election confirming the creation of the District or upon connection to the water and wastewater systems of this District and Hays County MUD No. 3, taken and added together, of the SOOth living unit equivalent, whichever occurs first. F. Developer agrees to reserve for up to five (5) years from the date of this Agreement a ten <10) acre site within the District for acceptance and purchase by the Hays LS.D. at a cost of Twenty-one Thousand Five Hundred Dollars ($21,500.00) per acre. -24-