PRESENTER: Presenter
Christopher J. Looney, AICP, Planning Director
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SUBJECT: Title
Approval of the first reading of an ordinance, in accordance with adopted agreements with the property owner, to annex for limited purposes Lots 1-9, and Lot 900, Block 1, Veramendi Precinct 11A Subdivision, and Lot 109, Block 19, Veramendi Precinct 11B Subdivision, consisting of approximately 45 acres.
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DEPARTMENT: Neighborhood and Community Planning
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COUNCIL DISTRICTS IMPACTED: District 3
BACKGROUND INFORMATION:
Petitioner: Comal County Water Improvement District No. 1 (Veramendi)
c/o Coats Rose Yale Ryman & Lee
Attn: Timothy Green
3 East Greenway Plaza, Suite 2000
Houston, TX 77046
Owner: Veramendi PE-Cairns, LLC
P.O. Box 310699
New Braunfels, TX 78131
Staff Contact: Matt Greene
(830) 221-4053 | mgreene@newbraunfels.gov
As part of the Veramendi Development Agreement adopted in 2015, the City of New Braunfels and Comal County Water Improvement District No. 1 negotiated a Strategic Partnership Agreement (SPA) for limited purpose annexation of certain properties within Veramendi. Under the agreement, once properties designated for commercial or “mixed commercial and residential” development (per the Sector Plan) are platted they shall be annexed into the City for the limited purpose of sales tax collection. The City will not collect property taxes in these areas and will provide only limited municipal services as specified in Article VI of the SPA. Residents of areas annexed for limited purposes may vote in elections for City Council and City Charter amendments but may not vote in bond elections.
ISSUE:
In accordance with the SPA, limited purpose annexations are to occur following the recording of a plat for the respective property. The final plats for Veramendi Precinct 11A and Veramendi Precinct 11B have been recorded. City staff is now proceeding with the Limited Purpose Annexation as stipulated by the SPA.
COMPREHENSIVE PLAN REFERENCE:
Regional Planning: Annexation
• Balance resources in an equitable manner that does not lead to disinvestment in existing New Braunfels.
• Ensure annexation supports the community’s desired form, design and pattern.
• Assure the long-term fiscal health of New Braunfels and that policy decisions do not create an undue fiscal burden on the City or others.
Future Land Use Plan: The subject property is located within the Veramendi Sub Area, along a Transitional Mixed-Use Corridor, within an existing Education Center, and within a future Market Center.
STRATEGIC PLAN REFERENCE:
☐Economic Mobility ☐Enhanced Connectivity ☐Community Identity
☒Organizational Excellence ☐Community Well-Being ☐N/A
• Objective: Considering statutory and market-based factors, continue to diversify revenue streams to support long-term fiscal sustainability of the organization.
FISCAL IMPACT:
In accordance with the negotiated and adopted SPA, limited purpose annexation of the subject tract is required and will allow the city to share in sales tax collection in order to provide the requisite limited scope of corresponding municipal services.
Recommendation
RECOMMENDATION:
Approval.
RESOURCE LINKS:
<https://newbraunfels.gov/1385/Veramendi>