Agenda

Back to Calendar Return

11.

City Council Regular Meeting

Meeting Date:

10/25/2022

BACKGROUND

FM 1518 Apartments, Ltd. is proposing to construct a 300 unit apartment complex located approximately 2,200 feet southeast of the intersection of Lower Seguin Road and FM 1518. The developer is requesting a Subdivision Improvement Agreement in order to be allowed to file the plat prior to constructing all required public improvements. While this sort of agreement is not uncommon, given that the developer cannot tie into the Woman Hollering Creek Trunk line until construction by the City is completed, the developer is requesting to be able to obtain a Certificate of Occupancy and provide pump and haul services, at their expense, within 12 months of filing the plat for their property. The City anticipates completion of the Woman Hollering Creek Trunk line within approximately 8 months.

FM 1518 Apartments, Ltd. is proposing to partner with the Schertz Housing Authority on the project, with the Schertz Housing Authority being the future owner. As the property has not been purchased yet, the current owner is also a signatory to the agreement.

GOAL

Provide for the orderly development of infrastructure within the City of Schertz.

COMMUNITY BENEFIT

Provide for development of infrastructure in a timely, cost-effective manner.

SUMMARY OF RECOMMENDED ACTION

Approval of Resolution 22-R-123 authorizing the Subdivision Improvement Agreement with the FM 1518 Apartments, Ltd.

FISCAL IMPACT

There is no fiscal impact to the City as the developer is required to bear the cost for pump and haul services until they make the connection to the Woman Hollering Creek Trunk Line once construction by the City is completed.

RECOMMENDATION

Approval of Resolution 22-R-123.

Attachments
Res 22 R 123
Sub. Improvement FM 1518