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Item 4G Audio0- - SOUTHLAKL 9 Item 4G Approve a revised residential developer agreement with Woodbury Development, Iteoty LLC for Woodbury Addition, a 9 lot - Innovadon subdivision located on the north side of Acwunmbility W. Continental Boulevard east of Davis Commitment Boulevard to Excellence Teamwork - -• ` Wootlbury Addition `Location Map SOUTHLAKE v u+ V 1H 5 0 c­ Oi SOUTHLAKE Woodbury Addition 9 Developer Agreement • 9 Lot Subdivision — Located onil north side of W. Continental Bou east of Davis Boulevard • Initial agreement provided for on -site public improvements and fees Integrity • Standard agreement drafted by City Innovation Attorney Accountabiliry Commitment to Excellence Teamwork c­ Oi SOUTHLAKE Woodbury Addition 9 Developer Agreement • Critical Drainage Structure #19 feesT $2,394.99 to be paid by the developer Park dedication fees total $13,500.00 to paid by the developer Integrity • City will reimburse the developer for off - Innovation site drainage improvements not to exceed Accountability $80,000.00 Commitment to Excellence Teamwork i' C�ry Oi - SOUTHEAKE =_ Questions Bob Price (817) 748-8097 Integrity Innovation Accountability Commitment to Excellence Teamwork