AGENDA CAPTION:
Title
Receive a Staff presentation and hold a Public Hearing and consider approval of Resolution 2025-43R, approving an amended development agreement (Riverbend Ranch / Baugh Ranch / Riley's Point) with HK Baugh Ranch, LLC, HK Riley's Point, LLC, HK Real Estate Development, LLC, and Jack's Reserve, LTD, for approximately 1,046 acres generally located between Old Bastrop Highway and FM 110, and between Redwood Road and the San Marcos River; 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 2025-43R.
Body
Meeting date: February 4, 2025
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: In December 2021 City Council approved the original development agreement. In 2023 the applicant requested an amendment to the agreement - City Council voted to authorize negotiations and established a Committee for that purpose.
City Council Strategic Initiative: [Please select from the dropdown menu below]
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Comprehensive Plan Element (s): [Please select the Plan element(s) and Goal # from dropdown menu below]
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Background Information:
In December 2021 City Council approved the original development agreement. The applicant has requested amendments to the original agreement which are described in more detail in the attached presentation. A few examples of...
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