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Hutto council approves development agreement for Lemur Square, sets PID and annexation hearings
Summary
The City Council approved a development agreement for the 111-acre Lemur Square project and accepted a petition to form a public improvement district (PID). Council also called a public hearing on voluntary annexation; all votes were unanimous.
The Hutto City Council on April 17 approved a development agreement with Limmer Holdings LLC for a 111.851-acre mixed-use project at the southwest corner of Texas 130 and Limerick Loop and set the formal steps to create a public improvement district and consider voluntary annexation.
The agreement was adopted by a 6-0 vote on resolution R2025-108. Council then accepted the PID petition (resolution R2025-109) and called a public hearing on voluntary annexation (resolution R2025-110); both motions also passed 6-0. Mayor Snyder and six council members voted aye on each item.
Why it matters: the development will be annexed into Hutto and financed in part by a PID assessment that the city’s financial adviser said could translate to an equivalent PID assessment rate in the range of roughly $0.78–$0.84 per $100 of assessed value. Project proponents say the…
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