Receive a Staff presentation and hold a Public Hearing to receive comments for or against Resolution 2021-245R, approving a Development Agreement with Holman-Farrar Holdings, LLC, to provide for the annexation and to regulate the future development of approximately 1.11 acres of land in the City’s Extraterritorial Jurisdiction located at 1850 Old Ranch Road 12; authorizing the City Manager, or his designee, to execute the agreement on behalf of the City; and providing an effective date; an consider approval of Resolution 2021-245R.