AGENDA CAPTION:
Title
Consider approval of Ordinance 2021-22, on the second of two readings, extending the delayed effective date of Ordinance 2020-09 that provided for the rezoning of approximately 62.48 acres of land generally located at the intersection of Commercial Loop and Gregson's Bend from "FD" Future Development District and "GC" General Commercial District to "PA" Planning Area District; and including procedural provisions.
Body
Meeting date: May 4, 2021
Department: Parks and Recreation
Amount & Source of Funding
Funds Required: N/A
Account Number: N/A
Funds Available: N/A
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Fiscal Note:
Prior Council Action: N/A
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Background Information:
City Council approved Ordinance 2020-09, following public hearing and second reading, zoning approximately 62.48 acres of land generally located at the intersection of Gregsons Bend and Commercial Loop in connection with the Sportsplex Project that the City has partnered with Pursuant Ventures to construct on the City's behalf.
Ordinance 2020-09 included an expiration date of April 2, 2021 if all conditions outlined within the Ordinance were not met. Those conditions included: (i) its passage, approval and adoption on second reading, and (ii) the closing of the purchase of the Property by Pursuant Ventures Development, LLC or its designated assigns f...
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