AGENDA CAPTION:
Title
Consider approval of Resolution 2025-74R, granting consent to the creation of the La Cima Municipal Management District for approximately 1,215.533 acres of land generally located near the intersection of Centerpoint Road and Old Ranch Road 12; and declaring an effective date.
Body
Meeting date: April 15, 2025
Department: Planning and Development Services
Amount & Source of Funding
Funds Required: N/A
Account Number: N/A
Funds Available: N/A
Account Name: N/A
Fiscal Note:
Prior Council Action: The subject property is within the La Cima Development Agreement Boundary which was approved by City Council.
City Council Strategic Initiative: [Please select from the dropdown menu below]
Choose an item.
Choose an item.
Choose an item.
Comprehensive Plan Element (s): [Please select the Plan element(s) and Goal # from dropdown menu below]
? Economic Development - Choose an item.
? Environment & Resource Protection - Choose an item.
? Land Use - Choose an item.
? Neighborhoods & Housing - Choose an item.
? Parks, Public Spaces & Facilities - Choose an item.
? Transportation - Choose an item.
? Core Services
? Not Applicable
Master Plan: [Please select the corresponding Master Plan from the dropdown menu below (if applicable)]
Choose an item.
Background Information:
The La Cima development was approved through a development agreement in 2013. Since its creation, the La Cima development intended to utilize a Public Improvement District (PID) to finance public improvements like roads, utilities and park improvements. This PID is currently administered by Hays County.
The applicant is requesting a different funding mechanism, a Municipal Management District (MMD), for the land that has not yet been developed. An MMD is a political subdivision with the ability to finance improvements like a PID. While the current PID is administered by the County, the MMD will have its own board and administer their own assessments or taxes.
While thi...
Click here for full text