Board of Directors Regular Meeting Agenda


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Meeting Date: 01/27/2016  

Receive, consider and act upon the conveyance of reserves in Creekside Park West Section 16- Restricted Reserve A and a portion of Restricted Reserve C of Section 18 Creekside Park West;
Base annual maintenance cost related to these reserves will be  minimal as one reserve will be maintained through the existing streetscape program and the other, a neighborhood entrance, will be maintained by the Timarron HOA through the MOA approved by the Board of Directors in November 2015.
The Woodlands Land Development Company (TWLDC) has submitted the following Restricted Reserves for conveyance: Creekside Park West Section 16 - Restricted Reserve A, consisting of a 1.745 acre parcel and a 0.2243 acre parcel;  and a .2646 acre portion of Creekside Park West Section 18 Restricted Reserve C (Attachments A & B).  The two small acre parcels make up the neighborhood entrance of Timarron Lakes.   The Township Board of Directors approved a Memorandum of Agreement in November that establishes that the Timarron Lakes HOA will maintain the landscape of the entry.  The ROSR’s have been inspected and a pre-conveyance report has been provided to TWLDC. No major issues were reported.  Legal counsel has completed a review of the Special Warranty Deeds and found them to be acceptable. 
Accept the conveyance by Special Warranty Deed from The Woodlands Land Development Company, L.P. for Creekside Park West Section 16, Restricted Reserve A and a 0.2646 acre portion of Restricted Reserve C Creekside Park West Section 18.
Attachment A - Special Warrant Deeds CsPK West Section 16 and Section 18
Attachment B - Location Map CsPK West Sec 16 & 18


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