File #: Res. 2018-139R    Version: 1 Name:
Type: Resolution Status: Individual Consideration
File created: 5/29/2018 In control: City Council
On agenda: 8/7/2018 Final action:
Title: Receive a Staff presentation and hold a Public Hearing to receive comments for or against Resolution 2018-139R, approving the 2018 amended and restated service and assessment plan with Highpointe Trace, LLC. in connection with the Trace Public Improvement District; authorizing the City Manager to execute said document on behalf of the City; and declaring an effective date; and consider approval of Resolution 2018-139R.
Attachments: 1. Resolution for PID Assessment, 2. 2018 Amended and Restated Service and Assessment Plan, 3. PID Analysis
AGENDA CAPTION:
Title
Receive a Staff presentation and hold a Public Hearing to receive comments for or against Resolution 2018-139R, approving the 2018 amended and restated service and assessment plan with Highpointe Trace, LLC. in connection with the Trace Public Improvement District; authorizing the City Manager to execute said document on behalf of the City; and declaring an effective date; and consider approval of Resolution 2018-139R.
Body
Meeting date: August 7, 2018

Department: City Manager's Office, Steve Parker, Assistant City Manager

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Background Information:
Highpointe Communities has approximately 420 acres of land, generally located on the east side of IH-35, south of Posey Road, and also bordered by Old Bastrop Highway, at the
southern edge of the City of San Marcos. The property is primarily for residential housing along with a component of multi-family along with a business park and community commercial.

On September 1, 2015, the City of San Marcos approved a term sheet that designated the parameters for which a Public Improvem...

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