Posting Language
Title
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.
De
Lead Department
Dr. Eric Johnson, Assistant City Manager, City Manager's Office.
For More Information:
Dr. Eric Johnson, Assistant City Manager, City Manager's Office, 512-974-2607.
Additional Backup Information:
Dog's Head Land, JV, LTD, a Texas Limited Partnership ("Dog's Head LTD") owns a total of approximately 2,614 acres of land ("Dog's Head Property") located in Travis County, Texas bounded by the Colorado River, US Highway 183, and State Highway 130, in the area generally known as "Dog's Head". The Dog's Head Property is a former sand and gravel mining site that is currently under reclamation efforts and is a blighted and underutilized area that is in the City's extraterritorial jurisdiction.
Dog's Head and the City Manager's Office anticipate that through this partnership, the Dog's Head Property can become a revitalized mixed-use district that enhances mobility, open space and housing and creates a new econom...
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