(11)(c)
CITY COMMISSION REGULAR MTG
- Meeting Date:
- 11/17/2021
- Title:
- Consider and take action on Resolution No. 21-105, Approving a Development Agreement between the City and Texas City 51, LLC
- Submitted For:
- Kim Golden
- Submitted By:
- Veronica Carreon, Transportation and Planning
- Department:
- Transportation and Planning
Information
ACTION REQUEST (Brief Summary)
approving a Development Agreement between the City of Texas City and Texas City 51, LLC.
BACKGROUND
The Development Agreement is intended to be a supplement to the PUD Zoning. There are provisions for the developer to create deed restrictions, home-builders will need to provide masonry exteriors to follow the City's current requirements, the developer will make a payment to the city of $250,000 for municipal facilities that benefit the development, and there is a requirement for underground utilities, similar to what is being provided in Lago Mar and other developments. Staff has reviewed the Development Agreement for Brookwater and have no objections to approval.