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City, developers outline Westlake Village plan and $48 million in infrastructure investments
Summary
City staff and the Westlake Village development team presented a multi‑year plan to bring roughly 6,568 acres near Lake Waco into the city and to finance shared water, sewer and roadway improvements using a municipal management district (MMD) and city participation.
City staff and representatives of the Westlake Village development presented a multi‑year plan to the Waco City Council on Sept. 16 to bring a large master‑planned neighborhood into the city and to finance shared infrastructure needs.
Assistant City Manager Paul Kane told council and the public the negotiations to reach the current framework took about three years and were intended to avoid a municipal utility district in Waco's extraterritorial jurisdiction by instead annexing the land and using a municipal management district (MMD) to finance infrastructure. “We think we've landed in a really good spot, with regard to this development and with regard to the future of the city,” Kane said.
The development team described the project as roughly 6,568 acres with about 247 acres planned for single‑family development, roughly 243 acres to be preserved in Lake Waco's flowage easement as parkland, about 37 acres of internal open space, and just over 1,200 residential lots (including a small townhome tract of roughly 20 lots). Access would be from Highway 6 and Tom Ledbetter…
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