The Hideout Town Council on Nov. 5 approved an ordinance rezoning a Wildhorse parcel from Mountain to Neighborhood Mixed Use and authorized the town attorney to finalize a master development agreement (MDA) incorporating terms negotiated at the meeting.
Developer counsel Nate Mitchell told the council the parties had narrowed their disagreements to three key items: phasing, water dedication, and language that would revert the zoning if commercial construction fails. To address the phasing concern—council members had sought stronger assurances that the commercial component would be built—the developer proposed adding a performance bond requirement. "We would propose . . . that the developer post a performance bond in favor of the city in the amount of $250,000 if they don't commence construction within 90 days of the building permit," Mitchell said, adding the bond could be reduced as work progressed.
On water, council members and staff agreed to rely on Jordanelle Special Service District (JSSD) standards rather than the fixed acre-foot figures originally drafted in the ordinance. Planning staff noted JSSD's current commercial metrics (about 0.069 acre-feet per 1,000 square feet of retail and roughly 0.02 acre-feet per restaurant seat) and the council directed the MDA to reference the JSSD figures in force at the applicable subdivision-stage review.
Councilmembers also approved language making the commercial lot subject to a recorded plat note limiting its permitted use absent further council approval; the idea is to create an added backstop if the commercial component is not built. The council discussed, but did not retain, language that would automatically revert the zoning; instead they adopted wording that tracks the development agreement's completion conditions and leaves discretion to the council.
The ordinance and resolution were moved and adopted during the meeting, and the town attorney was authorized to prepare final MDA language consistent with the evening’s agreements.
What happens next: Staff and the applicant will exchange the agreed draft exhibits and bring a finalized MDA back for execution. The MDA will reflect JSSD-based water requirements, the developer’s performance-bond proposal, and the plat-note protection for the commercial lot.