AGENDA CAPTION:
Title
Consider approval, by motion, authorizing negotiations of a Development Agreement with Bain Medina Bain, Inc, on behalf of JLBC 710 Investments, LLC, for approximately 645.05 acres out of the Charles Henderson, Andrew Mitchell, and S.A & M.G.R.R Co Surveys in Hays and Guadalupe County, generally located on SH 123 northeast of the intersection of SH 123 and FM 1978, and consider the appointment of a Council Committee to review the aforementioned Development Agreement, if desired.
Body
Meeting date: July 5, 2022
Department: 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: N/A
City Council Strategic Initiative: [Please select from the dropdown menu below]
N/A
N/A
N/A
Comprehensive Plan Element (s): [Please select the Plan element(s) and Goal # from dropdown menu below]
☐ Economic Development - Choose an item.
☐ Environment & Resource Protection - Choose an item.
☒ Land Use - High Density Mixed Use Dev. & Infrastructure in the Activity Nodes & Intesity Zones (supporting walkability and integrated transit corridors)
☐ Neighborhoods & Housing - Choose an item.
☐ Parks, Public Spaces & Facilities - Choose an item.
☐ Transportation - Choose an item.
☐ Core Services
☐ Not Applicable
Master Plan: [Please select the corresponding Master Plan from the dropdown menu below (if applicable)]
Vision San Marcos - A River Runs Through Us
Background Information:
Sedona South is an approximately 645 acre site located primarily within Guadalupe County. It abuts “Sedona North” which was annexed into the City and zoned (CD-3 and CM) on May 3rd 2022 (please note that annexation/ zoning changes are not reflected in the city limits and zoning layers in the accompanying maps in this packet). The applicant has indicated that they wish to establish a Municipal Utility District (MUD) to finance infrastructure improvements and connect to City Utilities, however, the current request is only for negotiation of the development agreement.
Council Committee, Board/Commission Action:
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Alternatives:
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Recommendation:
Staff recommends approval of this request as presented.