AGENDA CAPTION:
Title
Discuss and consider authorizing the City Manager or his designee to enter into an agreement providing a 10% greens fee discount to the Kissing Tree Golf Club for San Marcos residents.
Body
Meeting date: May 18, 2021
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
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Background Information:
At the December 15th, 2020 regular meeting, City Council considered approval of Ordinance 2020-86 which amended the Kissing Tree reinvestment zone financing plan for the Kissing Tree TIRZ. At that time Council directed staff to work with the developers (Brookfield Residential) to amend the project's development agreement to include the following requirements:
* Use of the golf course by San Marcos High School at no fee or a reduced fee
* Use of the golf course by San Marcos residents at a reduced fee
* Public use of and access to the Kissing Tree clubhouse/amenity center
* Redirection of a percentage of the home closing fees to a community benefit fund
Staff met with the project representatives on January 15th, March 4th and March 24th and agreed to the following:
* The home closing fees and associated community benefit fund do not need to be addressed any further at t...
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