City of Wallis Council Meeting Agenda March 2026
City to Negotiate Chapter 380 Agreement with Wallis 26 LLC
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Description
The City of Wallis will consider authorizing the Mayor Pro-Tem to negotiate a Chapter 380 Economic Development Agreement with Wallis 26 LLC to fund road and water system improvements benefitting 111 lots in the Millbrooke Subdivision. The agreement would reimburse the developer from future increased ad valorem tax revenues generated in the benefitted area.
Contract Details
Vendor
WALLIS 26 LLC
Agency
City of Wallis, TX
Contract Type
FINANCIAL_SERVICES
Document Date
March 18, 2026
Renewal Info
Initial negotiation of a new Chapter 380 Economic Development Agreement; renewal or amendment terms not yet defined.
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