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File #: 0706-25    Version: 1 Name: PUBLIC INFRASTRUCTURE PROGRAM AGREEMENT: RED DRAW LIBERTY LLC
Type: Resolution Status: First Reading
File created: 7/29/2025 In control: Urban County Council
On agenda: 8/14/2025 Final action:
Enactment date: Enactment #:
Title: Authorization to execute a Public Infrastructure Program Forgivable Loan Agreement with Red Draw Liberty LLC in the amount of $489,613 for the construction of sanitary sewer infrastructure improvements to serve a ten-acre site located at 2156 Liberty Road. Funds are budgeted. (L0706-25)(Bencz/Atkins)
Attachments: 1. Blue Sheet - Red Draw Liberty PIP 20250724, 2. Second Loan Agreement (Red Draw) .2 . 4919-1455-2656, 3. UPDATED 20250725 Combined staff report - Red Draw Liberty Amendment - Redacted

Title

Authorization to execute a Public Infrastructure Program Forgivable Loan Agreement with Red Draw Liberty LLC in the amount of $489,613 for the construction of sanitary sewer infrastructure improvements to serve a ten-acre site located at 2156 Liberty Road. Funds are budgeted. (L0706-25)(Bencz/Atkins)

Summary

Authorization to execute a Public Infrastructure Program Forgivable Loan Agreement with Red Draw Liberty LLC in the amount of $489,613 for the construction of sanitary sewer infrastructure improvements to serve a ten-acre site located at 2156 Liberty Road. Funds are budgeted. (L0706-25)(Bencz/Atkins)

 

Budgetary Implications [select]: Yes

Advance Document Review:

Law: {Yes, Completed by [Evan Thompson, 7/29/2025]}

Risk Management:  {Select Yes/No, Completed by [Official, Date]}

Fully Budgeted [select]: Yes

Account Number:                     1144-133004-0001-78103

This Fiscal Year Impact:                     $ 489,613

Annual Impact:                      NA

Project:

Activity:

Budget Reference:

Current Balance:

Body

{COUNCIL CLERK’S OFFICE WILL COMPLETE - Body of resolution or ordinance}