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Council considers amendment to developer agreement to allow PID expansion for Centurion American
Summary
City staff presented an amendment to the developer agreement to permit a Public Improvement District (PID) petition covering additional undeveloped land owned by Centurion American; staff said the change would not immediately cost the city and PID financials would be presented at a subsequent meeting.
City staff asked the Gunter City Council on March 5 to approve a resolution to accept a petition that would expand the developer agreement and permit a Public Improvement District (PID) bid covering additional undeveloped land held by Centurion American.
Staff said the proposed amendment does not change development standards in the original agreement but would add phases (2a/2b and a future 3b) south of the golf course so the developer can seek PID funding for infrastructure — streets, sewer, water and drainage. “If you pass the resolution to move forward, then they’ll come at the next meeting and present the PID financials and stuff so you can kinda see what the opinion of probable cost is,” staff said.
Sean Terry, identified as a representative of Centurion American, told the council the omission of those parcels from the earlier developer agreement was an oversight. “It was something we'd always contemplated… it was really an oversight on our part,” Terry said, adding the amendment would keep lot types competitive for builders.
Staff told the council there is no immediate financial impact to the city from allowing the developer to petition for a PID; city staff said the PID funds would cover the infrastructure work if the PID is formed. Council members asked procedural questions about the petition process, whether TURS designations overlapped the parcels (staff said they did not), and how the PID’s opinion of probable cost would be presented.
The council discussed a motion to reinstate the development agreement and accept the petition; the transcript records debate and a motion being introduced but does not include a clear roll-call vote in the portions provided. Staff said detailed PID financials would be returned to the council at a future meeting for review before any final fiscal commitment.
The matter will return to the council with the PID financial package and the staff recommendation on the petition.
