File #: 22-082    Version: 1 Name: Agreement for the Acquisition of Wastewater Infrastructure Assets from Silverwood Development Phase 1, LLC
Type: Resolution Status: Consent Calendar
File created: 5/14/2025 In control: City Council
On agenda: 5/20/2025 Final action:
Title: Agreement for the Acquisition of Wastewater Infrastructure Assets from Silverwood Development Phase 1, LLC Recommended Action: It is recommended that the City Council and the Board of Directors of the Hesperia Water District authorize the City Manager to execute an Agreement for the Purchase and Sale Agreement with Silverwood Development Phase 1, LLC (the Developer) in the amount of $6,332,931 for the acquisition of wastewater infrastructure assets constructed to support the Silverwood master-planned community.
Sponsors: Casey Brooksher
Attachments: 1. SR Wastewater Infrastructure Assets Silverwood Development 5-20-2025, 2. Attachment 1 - Agreement for Purchase & Sale, 3. Attachment 2 - Technical Memorandum - Silverwood

Title Agreement for the Acquisition of Wastewater Infrastructure Assets from Silverwood Development Phase 1, LLC

 

Recommended Action:

 

It is recommended that the City Council and the Board of Directors of the Hesperia Water District authorize the City Manager to execute an Agreement for the Purchase and Sale Agreement with Silverwood Development Phase 1, LLC (the Developer) in the amount of $6,332,931 for the acquisition of wastewater infrastructure assets constructed to support the Silverwood master-planned community.