AGENDA CAPTION:
Title
Receive a Staff presentation and hold a Public Hearing to receive comments for or against Resolution 2021-245R, approving a Development Agreement with Holman-Farrar Holdings, LLC, to provide for the annexation and to regulate the future development of approximately 1.11 acres of land in the City’s Extraterritorial Jurisdiction located at 1850 Old Ranch Road 12; authorizing the City Manager, or his designee, to execute the agreement on behalf of the City; and providing an effective date; an consider approval of Resolution 2021-245R.
Body
Meeting date: December 7, 2021
Department: Planning & Development Services
Amount & Source of Funding
Funds Required: N/A
Account Number: N/A
Funds Available: N/A
N/A
Fiscal Note:
Prior Council Action: At their regular meeting on August 7,2021 City Council approved the initial authorization and did not appoint a Committee to negotiations.
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Background Information:
On August 7, 2021 City Council authorized staff to negotiate the terms of this development agreement and did not appoint a Committee. The property is currently a self-storage facility and the applicant intends to redevelop the site as a new self-storage facility.
The following is a summary of the terms outlined in the agreement:
• The property will be annexed and zoned prior to redevelopment.
• Light Industrial (LI) is the proposed zoning.
• Self-storage is the only permissible use.
• One Code waiver is being requested as the site will be over the impervious cover limit, however, overall impervious cover will be reduced by 8%.
• The development will extend wastewater and connect to City utilities in order to abandon a failing septic system.
• One curb cut on Old Ranch Road 12 will be removed to increase safety.
Council Committee, Board/Commission Action:
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Recommendation:
Staff recommends approval of the agreement as presented.