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Council approves Del Valle COTA PUD changes and a negotiated hotel package with added conditions
Summary
Council authorized staff to negotiate and, as amended, approved an economic package tied to a large resort/hotel at the Circuit of the Americas site; council required additional safeguards, labor commitments and a return of final terms for approval and directed staff to coordinate public transit siting for the site.
After lengthy public testimony and amendments, the Austin City Council on April 23 approved a package of actions to support a large hotel and resort development at the Circuit of the Americas (COTA) site, including authorization for staff to negotiate a hotel‑occupancy‑tax rebate structure and approval of a PUD amendment on first reading.
The package — championed by Councilmember Fuentes and supported by labor unions (Unite Here/Local 23) — was presented by developers and economic development staff as an opportunity to deliver construction jobs, hundreds of guaranteed permanent jobs, new parkland, and a dedication…
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