Title
Discussion and possible action to authorize Project Nexus in an amount not to exceed $1,000,000.00 for the development, planning, design, construction, expansion, renovation, equipping, and improvement of an approximate 53 acre parcel of real property owned by the PCDC for any lawful purpose under Texas Local Gov’t Code Chapter 505 including but not limited to the following: (i) primary job training facilities for use by institutions of higher education; (ii) regional or national corporate headquarters facilities; and (iii) entertainment, tourist, and public park purposes, including but not limited to related stores, restaurants, concessions, parking facilities, infrastructure improvements, landscaping, signage, and other amenities or enhancements that support or are ancillary to these primary purposes.
Summary
Project Nexus is the next phase in our 53 acres site on E. Pflugerville Parkway. The purchase and due diligence for the site was Project Greenfield. This phase will cover the development of the site.
Budgeted Item: N/A____Yes _X_ No__
Legal Review Required: N/A __ Required _X_ Date Completed:
Staff Recommendation
Discuss and consider action to approve.
Supporting Documents
N/A
Drafter
Jerry W. Jones Jr., Executive Director