The developer is seeking conditional consent from the city to create up to five municipal utility districts (MUDs) in the city's extraterritorial jurisdiction to develop a 2,354 acre property. The proposed development includes 1,900 single family homes, 258 acres of commercial space, 33 acres of civic/institutional uses, and 1,062 acres of conservation space, with a total projected value of $974 million. City staff and the planning and zoning commission recommend approving the request subject to conditions regarding infrastructure, bonding, development agreements, transparency, and compliance with the comprehensive plan.

1. June 9, 2016

3. Seeking conditional consent to create up to
five Municipal Utility Districts (MUDs) in the
City’s ETJ. Conditions include…
 Review and approval of District’s
infrastructure
 Requirements related to bond issuance
 DevelopmentAgreement
 Strategic Partnership Agreement
 Open meetings / financial transparency
requirements

5. Proposed Development
 Total area = 2,354 acres
 Approximately 1,900 SF homes
 258 acres of commercial development
 33 acres of civic / institutional uses
 1,062 acres of conservation space

6. Proposed Development (Cont.)
 Total cost of projects financed by the
MUDs = $117 million
 Projected property value at full build
out = $974,255,000
 Proposed property tax rate of $1 per
$100 assessed valuation

7. MUD Consent Application Included…
 Petition for consent
 Property survey and legal description
 Engineering report
 Market demand analysis
 Overlapping tax rate information
 Petitioner and developer information

8. MUD Policy Considerations
 Plans to annex subject property within
the next five years?
 Is the proposed MUD located within
the ETJ of two or more cities?

9. Comprehensive Plan Considerations
 ChapterTwo – Community Character
designates this area as “Rural” on the
Future Land Use and Character Map
 ChapterTwo also speaks to the need to
protect rural areas in the ETJ and
preserving natural areas.

10. OverlappingTax Rate (w/CSISD)
County - $0.485
CSISD - $1.3629
BC ESD #1 - $0.02616
Proposed MUD - $1.00
TotalTax Rate - $2.87406

11. OverlappingTax Rate (w/Navasota IDS)
County - $0.485
NISD - $1.16343
BC ESD #1 - $0.02616
Proposed MUD - $1.00
TotalTax Rate - $2.67459

12. Process…
 City’s Consent
 TCEQ Application and Consent
 Development Agreement
 Strategic Partnership Agreement
 Utility Agreement
 Subdivision Process

13. Recommendations
P&Z Commission voted 6-0 to
recommend approval
Staff recommends approval

14. June 9, 2016