Regional Water System
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First Amendment to Preliminary Development Agreement with Bois d’Arc Lake Acquisitions, LLC
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SUBJECT
recommendation
Authorize amendment of a Preliminary Development Agreement with Bois d’Arc Lake Acquisitions, LLC, a subsidiary of Lakewood Capital Group, to facilitate dredging within Bois d’Arc Lake for recreational purposes.
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PURPOSE
Bois d’Arc Lake Acquisitions, LLC is a residential property developer that is authorized to construct certain improvements on NTMWD property adjacent to Bois d’Arc Lake for the Five Points and The Harbor at Five Points residential developments. To increase usability of boating access to a cove, Bois d’Arc Lake Acquisitions, LLC desires to perform limited dredging within Bois d’Arc Lake. The NTMWD Bois d’Arc Lake Shoreline Management Plan allows for such dredging if authorized by separate agreement.
RECOMMENDATION
The Executive Director and NTMWD staff recommend the Board of Directors authorize the Executive Director or their designee to execute an Amendment to the Preliminary Development Agreement with Bois d’Arc Lake Acquisitions, as follows:
Contracting Party:
Bois d’Arc Lake Acquisitions, LLC Scope:
First Amendment to Preliminary Development Agreement Contract Term:
5-years Amendment Fee:
$5,000
Committee:
This item was discussed at the August 26, 2026, Real Estate Committee meeting
DRIVER(S) FOR THIS PROJECT
Strategic Objective: 3.2 Engaged Members, Customers and Stakeholders
? Regulatory Compliance
? Asset Condition ? Capacity ? Redundancy/Resiliency ? Relocation or External Requests ? Operational Efficiency ? Safety
? Administrative ? Policy ? Other _____________
BACKGROUND
Bois d’Arc Lake (the Lake) is a water supply reservoir developed to meet the needs of the NTMWD’s Member Cities and Customers.
Given the importance of the Lake as a significant public water supply source for the NTMWD, the NTMWD Board of Directors adopted Reso...
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