Corsicana Daily Sun, Corsicana, Texas

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July 13, 2014

Water park agreement on council agenda

Corsicana — The Corsicana City Council will consider changes to an agreement with the developers of the planned Corsicana Water and Adventure Park when it meets in regular session at 6 p.m. Monday at the Government Center.

The agreement says the city will put up $300,000 to help cover debt service during the first two years of the park’s operation should any of the payments be 30 days in default. It also requires the water park developers to repay any funds used from the account with interest. Under the terms of the agreement, the city would receive a 5 percent interest in the attraction slated to be built at the busy Interstate 45/South U.S. Highway 287 intersection.

In March 2014, Michael Jenkins, the park’s developer, said problems getting contractors to do the work forced the delayed opening of the water park, which was to have opened this year. He said the park’s new opening date would be in April or May 2015.

Also on Monday’s agenda, variance requests for decorative masonry building requirements to allow for the construction of a new Cotton Patch Restaurant on West Seventh Avenue, and an expansion of the Watkins Construction building on South Interstate 45; the selection of a new billing company for the city’s ambulance service; a bid award for audit services; accepting the donation of property; approving a new taxicab ordinance; and the re-appointment of Elizabeth Borstad as city engineer.

Council members will meet in a workshop at 5 p.m. in the conference room prior to the agenda meeting.

 

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