City of Denison City Council Meeting Agenda December 2024
Denison Amends Preston Harbor Development Agreement for PID
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Description
Denison City Council approved a Second Amendment to the 2023 Development Agreement with Waterfall Development Partners, LP, allowing for a Public Improvement District in Preston Harbor. The agreement modifies infrastructure funding mechanisms to enable use of PID and TIRZ.
Contract Details
Vendor
WATERFALL DEVELOPMENT PARTNERS LP
Agency
City of Denison, KS
Contract Type
DEVELOPMENT
Document Date
December 16, 2024
Contract Term
35 years (per Development Agreement term)
Renewal Date
2059-12-16
Renewal Info
Original agreement effective for 35 years. This is the second amendment. Renewal/extensions subject to council approval and contractual terms.
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