Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Development Agreement topic
No spam. Unsubscribe anytime.
Council approves amendment to La Cima development agreement to recognize municipal management district
Summary
The council approved the eighth amendment to the La Cima development agreement, recognizing three public improvement districts and allowing financing through a newly authorized municipal management district created by 2025 legislation.
The San Marcos City Council voted unanimously on May 19 to approve an eighth amendment and restated development agreement with Lazy Oaks Ranch LP and affiliates for the La Cima subdivision, a step staff said codifies prior consent and adds a municipal financing option.
Terry Floyd, the city’s director of planning and development services, told the council the amendment formally recognizes three public improvement districts for La Cima (original, South and North) and incorporates a municipal management district authorized by 2025 legislation. Floyd said the change allows the developer to use the municipal management district as an additional financing mechanism alongside the existing PIDs.
During the public hearing, resident Eric Willis said the amendment “really just continued developing the La Cima as we have done, but then using the municipal management district as a financing mechanism going forward instead of the PID” and that mail notices had been sent to La Cima residents. Willis said the change would not increase acreage, dwellings or commercial uses for current residents and described outreach to explain impacts.
After closing the hearing, the council moved and voted to approve the amendment by roll call, the motion passing 7–0. Council and staff said the Planning & Zoning Commission reviewed the matter in April (the commission heard the item but was not required to take formal action) and staff recommended approval.
The action amends the development agreement’s financing and administrative framework; the council did not change the development’s approved uses or increase approved acreage as part of this amendment, according to staff and the public comment record.
