AGENDA CAPTION:
Title
Receive a Staff presentation and hold a public hearing and consider approval of Resolution 2026-118R, amending the terms of the River Bridge Ranch Public Improvement District (PID), by reducing the PID boundaries and increasing the estimated costs for public improvements from $10,000.000.00 to $60,000,000.00; in accordance with Chapter 372 of the Texas Local Government Code; and declaring an effective date; and consider approval of Resolution 2026-118R.
Body
Meeting date: July 7, 2026
Department: Economic Development, Finance, and 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: October 29, 2020, City Council approved Resolution 2020-232R, that authorized the creation of the River Bridge Ranch Public Improvement District (PID) as part of a settlement agreement between The Mayan at San Marcos River, LLC, the City of Martindale, and the City of San Marcos. October 29, 2020, following a public hearing, City Council approved Resolution 2020-233R, that created the River Bridge Ranch PID. November 6, 2024, City Council appointed a three-member committee to review and make a recommendation on the River Bridge Ranch PID amendments submitted by Lennar Homes of Texas. December 2, 2025, City Council approved Resolution 2025-235R, accepting the petition to amend the PID and calling a public hearing on the proposed amendments for January 20, 2026. A public hearing was held on January 20,2026 and was to remain open and continue to a future meeting once community benefits are finalized. The PID Committee met on February 26, 2026 and reviewed and discussed community benefits and made additional suggested recommendations at their February 26, 2026 meeting to be presented and finalized with Lennar Homes of Texas prior to taking the item to the City Council in Executive Session. The City Council Executive Session was held on...
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