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Council reviews Buck Creek Village concept as potential revenue and redevelopment site
Summary
A presenter summarized the Buck Creek Village/Indian Waters concept, saying the annexation was driven by Mr. Peterson’s original vision and urging the City of Bandera to pursue investors and incentives to bring the site onto the tax roll.
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The City of Bandera council reviewed a conceptual plan for Buck Creek Village (also referred to as Indian Waters) at the start of the meeting, with a presenter saying the land was annexed around the original vision of the property owner, Mr. Peterson. The presenter said the site is “pretty much the only prime real estate we have left” and urged the council to consider development strategies that would generate tax revenue and broaden the city’s commercial base.
The presenter said the packet provided to council contains the original restrictions and design guidelines that informed the annexation and that the vision remains a useful guide if development is pursued. He recommended that the city open discussions with potential investors and architectural firms and signaled a willingness to consider incentives if needed to attract private partners.
Council members noted the timing was favorable following a recent economic development toolkit presentation and asked staff to keep the site on the council’s radar while exploring next steps. No formal direction or motion to pursue a specific developer or incentive package was made during the discussion; staff and council voiced interest in continuing dialogue and outreach.
The council did not take formal action on Buck Creek Village during the workshop. The topic will remain on future agendas for further study if council or staff identify specific developer interest or proposals.

