AGENDA CAPTION:
Title
Receive a Staff presentation and hold a public hearing to receive comments for or against Resolution 2026-86R, approving an eighth amended and restated development agreement with Lazy Oaks Ranch, LP, and affiliates, and Hays County governing the development of the La Cima subdivision near the intersection of Old Ranch Road 12 and Wonder World Drive to incorporate procedures previously approved by the City Council for the issuance of debt by the La Cima Municipal Management District No. 1; authorizing the City Manager, or her designee, to execute the agreement on behalf of the city; and providing an effective date; and consider approval of Resolution 2026-86R.
Body
Meeting date: May 19, 2026
Department: Planning & 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: N/A
City Council Strategic Initiative: [Please select from the dropdown menu below]
N/A
N/A
N/A
Comprehensive Plan Element (s): [Please select the Plan element(s) and Goal # from dropdown menu below]
? Arts and Culture - Choose an item.
? Economic Development - Choose an item.
? Environment & Resource Protection - Choose an item.
? Housing + Neighborhoods - Choose an item.
? Land Use + Community Design and Character - Choose an item.
? Parks & Public Spaces + Health, Safety & Wellness - 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 2022 agreement recognized a single 2,029-acre PID and allowed petitions for additional PIDs. The 2026 amendment expands this framework by formally recognizing three PIDs and adding the La Cima Municipal Management District No. 1, created by special legislation with City consent. It also introduces new conditions related to bond issuance, nonpro...
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