DEPARTMENT: Planning
DEPARTMENT HEAD: Bridgett White, AICP
COUNCIL DISTRICTS IMPACTED: Citywide
SUBJECT:
Second Amendment to the 2007 Agreement with the Owners of the Westside 211 Special Improvement District
SUMMARY:
This Ordinance authorizes the execution of a Second Amendment to the Agreement for Services in lieu of Annexation (Agreement) between the City of San Antonio and the Cumberland 211, Ltd., Cumberland 211 North, Ltd., Potranco 211 Land Partners, Ltd., Dorothy Doss 2002 Grantor Trust No. 1, Potranco 2013 Land, Ltd., Cumberland Pod 1 Stevens Residential, Ltd., Cumberland 90, Ltd., Cumberland Potranco Joint Venture, and Ladera I, LLC, the Owners of the Westside 211 Special Improvement District (District). The District is located in the City's Extraterritorial Jurisdiction (ETJ) and this Amendment extends the term of the Agreement to December 30, 2052.
BACKGROUND INFORMATION:
On August 30, 2007, Bexar County created the Westside 211 Special Improvement District (District) as requested by the Owners, also known as Cumberland Potranco Joint Venture, Cumberland 211, Ltd., Navigators Stevens Ranch L.P., KD CIRI I, L.L.C., CIRI Land Development Company and Cumberland 90, Ltd., of approximately 3,576 acres of land, generally located along State Highway 211, north of Highway 90 within the City's Extraterritorial Jurisdiction (ETJ) in far west Bexar County, Texas. [An exhibit of the District is attached as Attachment 1.] The proposed development of the District consist of over 9,000 single- family residential units, 3,000 multi-family units and over 1,000 acres of commercial/retail development.
The District was created to establish a taxing authority to fund infrastructure for the planned development. One of the purposes of the District is to assist with financing public improvements related to State Highway 211 and Potranco Road which were approved for Pass-Through Financing by the Texas Department of Transportation (TxDOT). Bexar County wi...
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