Posting Language
Title
Authorize negotiation and execution of amendments to the existing interlocal agreement between the City and the University of Texas related to the area generally bounded by Lady Bird Lake (formerly Town Lake) to the south and west, Enfield Road and 8th Street to the north, and Veterans Drive and Hearn Street to the east that establishes applicable land development regulations and the parties' expectations related to the conveyance of Lion's Municipal Golf Course (Muny), the vacation of City rights-of-way, the creation of a regulating plan, and the creation of a tax increment reinvestment zone (TIRZ). Funding: This item has no fiscal impact.
De
Lead Department
Management Services.
Fiscal Note
This item has no fiscal impact.
For More Information:
For more information, please contact Jon Fortune, Deputy City Manager, City Manager’s Office, Dr. Eric Anthony Johnson, Assistant City Manager, City Manager’s Office; Kimberly Olivares, Director, Austin Financial Services; Trish Link, Division Chief, Land Use and Real Estate, Austin City Attorney’s Office.
Council Committee, Boards and Commission Action:
October 21, 2026 - Staff briefing to the Environmental Commission.
October 27, 2026 - Staff briefing to the Planning Commission.
November 4, 2026 - Discussion and approval of a recommendation to Council for proposed amendments to the existing interlocal agreement by the Environmental Commission.
November 10, 2026 - Discussion and approval of a recommendation to Council for proposed amendments to the existing interlocal agreement by the Planning Commission.
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Additional Backup Information:
Background
The current Brackenridge Development Agreement (BDA), established in 1989 is outdated and not as favorable as it could be for the City of Austin or its residents. It includes dated or missing standards related to current code, limits the City’s involvement in the development process, and makes the City responsible for planning, funding, and const...
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