city_of_manor_agenda_item_summary_form_oct_15_2025.pdf
Manor Approves $2.4M Landowner Agreement for Mustang Valley PID Improvements
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Description
The Manor City Council approved a Landowner Agreement with the developer of Mustang Valley PID, pledging reimbursement of approximately $2,366,000 in improvement costs through levied assessments. Payment is to be made directly or from forthcoming PID bond proceeds.
Contract Details
Contract Amount
approximately $2,366,000
Vendor
DEVELOPER (UNNAMED)
Agency
City of Manor Creek, KY
Contract Type
OTHER
Document Date
October 15, 2025
Renewal Info
Reimbursement dependent on future PID bond issuance and assessment payments; no defined renewal but agreement is tied to project financings.
More from DEVELOPER (UNNAMED)
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PLANNEDdecker_prairie_municipal_utility_district_financia.pdf
ONGOINGMore from City of Manor Creek
city_council_regular_meeting_agenda_november_19_20.pdf
manor_agenda_item_summary_form_october_15_2025.pdf
agenda_item_summary_form_october_15_2025.pdf
improvement_area_1_landowner_agreement_city_of_man.pdf
city_of_manor_agenda_item_summary_form_october_15.pdf
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