Georgetown TIRZ Sets $9.6M Sewer Reimbursement Deal

The City of Georgetown and the North Georgetown TIRZ Board plan to enter into an Amended and Restated Infrastructure Reimbursement Agreement with JSACQ / Georgetown, LP to fund a major sanitary sewer trunk line. The agreement authorizes annual reimbursement payments from the Zone’s tax increment fund for eligible infrastructure costs, up to a maximum of $9.6 million, through the Zone’s term ending December 31, 2042.

Scope & details

The full contract record, as filed.

Contract amount

Nine Million Six Hundred Thousand and No/100 Dollars ($9,600,000.00)

Contract type

FACILITIES

Contract term

Effective date in 2026 through Expiration Date tied to Zone termination on December 31, 2042, with annual reimbursement payments beginning after completion of infrastructure and continuing until maximum reimbursement is paid or Zone terminates

Renewal date

2042-12-31

Renewal

Agreement term runs until the earlier of payment of the maximum reimbursement amount or termination of Zone Number Six on December 31, 2042; annual reimbursement payments from the Tax Increment Fund continue as long as funds are available and conditions are met. No automatic renewals are stated; the agreement can be amended or terminated earlier for defaults, insolvency, tax delinquencies, or legal invalidity.

Document type

AgendaPacket

Source document

City of Georgetown AgendaPacket North GT TIRZ Meeting 2026-08-18

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City of Georgetown North GT TIRZ Agenda 2026-08-18

PENDING

City of Georgetown, TexasAug 15, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by City of Georgetown?

Jsacq / Georgetown Lp was awarded this facilities contract by City of Georgetown, as recorded on August 15, 2026. The contract value is Nine Million Six Hundred Thousand and No/100 Dollars ($9,600,000.00).

How much is the Jsacq / Georgetown Lp contract with City of Georgetown worth?

The Jsacq / Georgetown Lp contract with City of Georgetown is valued at Nine Million Six Hundred Thousand and No/100 Dollars ($9,600,000.00), covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Georgetown AgendaPacket North GT TIRZ Meeting 2026-08-18 (AgendaPacket), dated August 15, 2026 from City of Georgetown. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Jsacq / Georgetown Lp hold?

Jsacq / Georgetown Lp may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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