Authorize the negotiation and execution of a 45-year development agreement for approximately 2,614 acres located in the City’s extraterritorial jurisdiction bounded by the Colorado River, US Highway 183, and State Highway 130, in the area generally known as “Dog's Head”, that establishes allowable land uses, trail and open space requirements, development regulations, including impervious cover requirements, water quality requirements, drainage and floodplain requirements, and site development standards for a mixed-use development; includes the property owner’s consent to annexation under certain conditions; delays the requirement to pay temporary use of right-of-way fees; includes provisions for income-restricted housing; and establishes the parties’ expectations related to proposed changes to the Austin Strategic Mobility Plan (ASMP), the creation of a regulating plan, the creation of a tax increment reinvestment zone (TIRZ), and the creation of a local government corporation that would manage and implement the TIRZ.
The Council is weighing a 45-year development agreement for roughly 2,614 acres in the city's extraterritorial jurisdiction known as "Dog's Head" — the stretch bounded by the Colorado River, US 183, and SH 130. The deal would set the ground rules for a big mixed-use development, spelling out allowable land uses, trail and open space requirements, impervious cover and water quality limits, drainage and floodplain rules, and income-restricted housing provisions. It also lines up the property owner's consent to future annexation and sets expectations for changes to the Austin Strategic Mobility Plan, a regulating plan, and a tax increment reinvestment zone managed by a new local government corporation.
"Without objection, item number 38, as amended, is adopted" — meeting transcript (unofficial)
What got said
- Dozens of speakers urged postponement of the 45-year Dog's Head development agreement
- Council member Siegel's amendment struck 'military installations' as a permitted use
- Richard Suttle disclosed a Fortune 100 advanced-manufacturing anchor tenant under NDA