Weatherford council authorizes city manager to negotiate master development agreement with Stellar Development LLC

The Weatherford City Council voted to approve Resolution R2025‑17, authorizing the city manager to negotiate, finalize and execute a master development agreement and related documents for a destination mixed‑use development and a qualified convention center and hotel with Stellar Development LLC and the board of directors of Tax Reinvestment Zone No. 1. Council action followed a closed executive session held under Texas Government Code Section 551.087 for deliberations regarding economic development negotiations. Council member Heidi Weiler moved the resolution and Luke Williams seconded; the motion passed. The resolution authorizes city staff to negotiate and finalize documents required to advance the project, including agreements tying the city, the tax reinvestment zone board and the developer. Council did not disclose negotiation terms in open session; staff will return with negotiated agreements for formal approval when negotiations are concluded. Outcome and next steps: The resolution passed and authorizes the city manager to proceed with negotiations and to execute documents as finalized. Further council action will be required to approve any final development agreement, incentives, bond issuances or related budget amendments when staff brings those documents back to the council.