City of Corinth Council Meeting Agenda March 2026
Corinth Approves Wastewater Reimbursement Deal with Tri Pointe Homes
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Description
Corinth entered into an Impact Fee Reimbursement Agreement with Tri Pointe Homes DFW, LLC to construct regional wastewater improvements benefiting both the Enclave and Canyon Lake developments. The contract totals over $6.7 million, with offsets and reimbursements linked to infrastructure delivery and impact fees.
Contract Details
Contract Amount
$1,119,690 impact fee offset; $400,000 city contribution; up to $3,383,158.23 reimbursement (not to exceed actual costs)
Vendor
TRI POINTE HOMES DFW LLC
Agency
Town of Corinth, KS
Contract Type
CONSTRUCTION
Document Date
March 5, 2026
Contract Term
Up to 10 years from date of City acceptance or until capped reimbursement paid
Renewal Date
2036-03-05
Renewal Info
Agreement term is up to 10 years or until full reimbursement/offset is realized. Reimbursement is paid quarterly from impact fees collected solely from Canyon Lake Development.
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