Title
Discuss fiscal impact of two petitions for annexation by Sorento Holdings, LLC for Tracts One and Two, generally located along the east side of Weiss Lane, between Hidden Lake Crossing and Jesse Bohls Road.
Summary
The property owner, Sorento Holdings 2012, LLC has petitioned the City to annex the subject property that is located at the southeast corner of the existing Weiss Lane and Hidden Lake Crossing intersection. Given that the property is within Travis County Municipal Utility District (MUD) No. 17, the MUD governing body (board) must consent to the annexation. The reason for the annexation request is to resolve construction plan approval issues within Travis County that do not permit concrete streets, pavers, or stamped features in the pavement proposed within the county right-of-way by the developer. While the development is occurring in the Pflugerville extraterritorial jurisdiction (ETJ), not within the city limits, granting this petition enables the development to proceed with a higher level of enhancement to infrastructure not otherwise allowed in the county, to areas immediately adjacent to the city limits and proximate to Lake Pflugerville. The proposed street will be constructed of asphalt with simulated pavers, and maintained by Travis County MUD 17.
Status
Construction plans have been approved and the development of infrastructure is anticipated with 60 days. An illustration of the proposed improvements is attached. Tract One is scheduled for consideration by the City Council on June 25 (First Reading), and Tract Two on July 9 (First Reading).
Fiscal Impact
Section 1.04 of the City Charter requires that before the city may annex an area or extend its extraterritorial jurisdiction, the city manager must present a written report on the financial impact of the proposed annexation or extension and the adoption of any proposed service plan to the Planning and Zoning Commission and City Council.
Tract One: The subject property is current...
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