City of Sequin header
File #: 24-642    Version: 1 Name:
Type: Resolution Status: Passed
File created: 11/27/2024 In control: City Council
On agenda: 1/7/2025 Final action: 1/7/2025
Title: Resolution inducing the Lily Springs Apartments in partnership with the Lightpath Corporation, to be located at approximately the Northeast Corner of Cordova Road and HIghway 46; and authorizing the execution of a term sheet; and authorizing an agreement with Navarro Independent School District regarding revenue sharing from the project; and other matters in connection therewith. - Steve Parker, City Manager
Attachments: 1. Agenda Item Lightpath PFC January 7 2024, 2. Lily Springs Inducement Resolution (Lightpath)-10558351-v3 January 7, 3. Lily Springs PFC Revenue Assumptions Probable Scanario with Early Termination Option 120924 (003), 4. Redline - Seguin PFC - Lily Springs MOU-10512451-v3 and Seguin PFC - Lily Springs MOU-10512451-v4, 5. MOUt - Navarro ISD - City of Seguin PFC (DNG 12.3.pdf, 6. Agenda Item Lightpath PFC December 3 memo, 7. Lily Springs Presentation 12_3_24(10558405.pdf, 8. Lily Springs Overview 112524

Title

Resolution inducing the Lily Springs Apartments in partnership with the Lightpath Corporation, to be located at approximately the Northeast Corner of Cordova Road and HIghway 46; and authorizing the execution of a term sheet; and authorizing an agreement with Navarro Independent School District regarding revenue sharing from the project; and other matters in connection therewith. - Steve Parker, City Manager