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Topics Of Discussion K.

Council Work Session

Meeting Date:

04/07/2026

Hawthorne Ridge - Development Agreement

Submitted By:

Aaron Sorrell

Department:

Assistant City Manager - Public Services

Council Committee Review?:

Council Work Session

Date(s) of Committee Review:

04/07/2026

Audio-Visual Needs:

None

Legal Review:

Not Needed

Emergency Legislation?:

Motion/Ordinance/
Resolution No.:

Agenda Item Description or Legislation Title

Hawthorne Ridge - Development Agreement

Purpose and Background

This legislation authorizes a Development Agreement for Phases 1 and 2 of Hawthorne Ridge, a 154-unit townhome project located at 7125 Executive Boulevard. The project is located on 17.6 acres, which the City sold to the developer on June 9, 2023. Phase 1 of the project consists of 94 townhomes, and Phase 2 consists of 60 units. The Development Agreement contains a number of provisions that support this project as well as the indoor music center. As part of the Development Agreement, the developer and City will:

Share in the costs of constructing and maintaining the off-site stormwater detention basin based on the percentage of storage capacity each party will use. Developer 45%, City 50%, Remaining Development Parcel 5%
Share the costs of constructing a shared entrance to this development and the indoor music center (2/3 Developer, 1/3 City)
Sets the water and sewer tap fees for Phases 1 and 2 at the rate when the project was approved by the Planning Commission.
The developer will pay approximately $1,020,000 in Minimum Service Payments.

Fiscal Impact

Source of Funds:

N/A

Cost:

N/A

Recurring Cost? (Yes/No):

N/A

Funds Available in Current Budget? (Yes/No):

N/A

Financial Implications:

The City will receive $1,164,300.00 in total revenue from the developer through Minimum Service Payments (MSP) and shared infrastructure repayments. This amount is in addition to the $2,088,000.00 the developer paid the City for the 17.578 acres.

Attachments

Resolution

Exhibit A