City of Corinth Council Meeting Agenda March 2026
Wastewater Infrastructure Agreement Approved with Tri Pointe Homes DFW LLC
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Description
The City of Corinth approved an Impact Fee Reimbursement Agreement with Tri Pointe Homes DFW, LLC for construction of regional wastewater improvements. The agreement covers offsets, direct City contribution, and reimbursement up to $3.38 million with a 10-year maximum term.
Contract Details
Contract Amount
$1,119,690 impact fee offset, $400,000 City cash contribution, up to $3,383,158.23 reimbursement (cumulative project cost estimated $6,720,669)
Vendor
TRI POINTE HOMES DFW LLC
Agency
Town of Corinth, KS
Contract Type
CONSTRUCTION
Document Date
March 5, 2026
Contract Term
10 years or until full reimbursement, whichever occurs first (starting from City acceptance of improvements)
Renewal Date
2036-03-05
Renewal Info
Reimbursement term capped at 10 years or until fully paid; amendments require written agreement by both parties. Two-year warranty applies to constructed improvements.
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