Medium PriorityDevelopmentopen

Premium Builders Development Agreement

Summary

The Jared Edwards project got final approval: city goes out to bid on the infrastructure and reimburses the developer up to about $1.5 million, with all overrun risk on the developer.

At a glance

Total mentions: 1
Last 30 days: 0

Last discussed May 27, 2026.

Impact analysis

💰Financial impact

City's reimbursement is capped at about $1.5 million.

✅Who benefits

Future residents of the development and the city gain new infrastructure.

Mentions & discussions (1)

MeetingMay 27, 2026approved

City Council - May 27, 2026

The Jared Edwards project got final approval: city goes out to bid on the infrastructure and reimburses the developer up to about $1.5 million, with all overrun risk on the developer.

Related development

approved

Premium Builders, LLC Development Agreement (Jared Edwards project)

New infrastructure gets built with the city's exposure capped at $1.5 million.

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