The city of Granbury is entering into a partnership with homeowners in an upscale Parker County development to provide water in exchange for about $4 million in infrastructure.
The City Council this week directed city staff to draft a Memorandum of Understanding that will move the project for the Silverado development forward.
“They’re putting in about 30,000 feet of pipeline – so it’s substantial,” said Public Works Director Alva Cox. “They definitely want to invest in their future.”
Representatives of the homeowners association told city officials that they are willing to front the millions needed for infrastructure if the city will deliver water to Silverado’s 90 or so homeowners.
The development is located about six-and-a-half miles past Abe’s Landing on Highway 51 North, said Cox. Homeowners are wanting access to city water because of problems with their wells.
“They’re wanting to secure a permanent water supply,” explained City Manager Wayne McKethan. He said the commitment from the homeowners association will include “pumping stations, water tanks, lines – everything.”
“We will inspect them and make sure it meets our criteria,” McKethan stated.
The city manager said that the Silverado development features “mini ranches with very nice homes.”
“It’s an upscale development,” he said.
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