Agenda No. 4.
CITY COUNCIL MEMORANDUM
| City Council Meeting: | August 24, 2021 |
| Department: | Executive Team |
| Subject: | Resolution No. 21-R-80 - Consideration and/or action approving a Resolution by the City Council of the City of Schertz, Texas authorizing the acceptance of approximately one acre of property from Schertz 1518, Ltd. per the Development Agreement for the Reinvestment Zone Number Two. (M. Browne/ B. James) |
BACKGROUND
Per the Seconded Amended and Restated Development Agreement for Reinvestment Zone Number, the developer, Schertz 1518, Ltd. is obligated to dedicated one acre of land next to Fire Station #3 to the City for use as an indoor shooting range. The developer and staff have agreed on a tract directly adjacent to Fire Station #3. The property will be replatted into the same lot as the fire station. There is no timetable for construction of the indoor shooting range.
GOAL
Provide additional land to the City for beeded facilitites and satisfy the requirements of the TIRZ #2 Development Agreement.
COMMUNITY BENEFIT
Provides additional land needed for future City facilities.
SUMMARY OF RECOMMENDED ACTION
Approval of Resolution 21-R-80 authorizing the City Manager to accept the one acre property per the TIRZ #2 Development Agreement.
FISCAL IMPACT
None
RECOMMENDATION
Approval of Resolution 21-R-80.