DEPARTMENT: Planning
DEPARTMENT HEAD: Bridgett White, AICP
COUNCIL DISTRICTS IMPACTED: Extraterritorial Jurisdiction - The nearest City Council District is 6.
SUBJECT:
Amendment to a Development Agreement between the City and the Talley Road Extension Revitalization Initiative, LLC. and S & P Land Holdings, LLC.
SUMMARY:
A public hearing and consideration of a Resolution recommending the City Council consent to the inclusion of an approximately 204.83 acre parcel, generally located northwest of the intersection of Tameron Pass and Talley Road and within the extraterritorial jurisdiction ("ETJ") of San Antonio in Bexar County, Texas; and approve the first amendment to the Talley Road Special Improvement District Development Agreement between the City of San Antonio and Talley Road Extension Revitalization Initiative, LLC. and S & P Land Holdings, LLC.
BACKGROUND INFORMATION:
On November 29, 2018, the City Council granted its consent to the creation of a public improvement district named the Talley Road Special Improvement District (PID) by Bexar County (County); and approved a Development Agreement (Agreement) with the Wayne Lee Benke and Talley Road Extension Revitalization Initiative LLC (Owners). The 232.314 acre PID consists of three parcels of land including the 222.6 acre "Benke tract." The PID property is generally located east of the intersection of Cartwright Trail and Talley Road in the ETJ of San Antonio. The Agreement included terms and conditions in the City's consent to the creation to the PID that deferred annexation of the PID for thirty years until November 29, 2048 and provided the Owner's consent to annexation at the expiration of the agreement.
On December 4, 2018, the County established the PID, appointed the PID's Board of directors (Board) and granted the PID the power to impose ad valorem taxes and use the tax revenues to finance public improvement for the residential development within the PID. After the County establishe...
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