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Council authorizes negotiation of master development agreement with Stellar Development LLC
Summary
After executive-session deliberations, Weatherford council approved Resolution R2025-17 authorizing the city manager to negotiate and execute a master development agreement and related documents with Stellar Development LLC and the Tax Reinvestment Zone No. 1 board for a destination mixed-use project and a qualified convention center and hotel.
The Weatherford City Council approved Resolution R2025-17 directing the city manager to negotiate, finalize and execute a master development agreement and related documents between the City of Weatherford, the board of directors of Tax Reinvestment Zone No. 1, and Stellar Development LLC for a destination mixed-use development that includes a qualified…
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