Item 18: La Cima Development Agreement

[COSM_Admin]

Receive a Staff presentation and hold a Public Hearing to receive comments for or against Resolution 2022-10R, approving a sixth amended and restated development agreement with Lazy Oaks Ranch, LP and its partial assignees in connection with the La Cima Development near the intersection of Old Ranch Road 12 and Wonder World Drive that provides additional standards for the first phase of multifamily development; authorizing the City Manager, or his designee, to execute the agreement on behalf of the City; and providing an effective date; and consider approval of Resolution 2022-10R.

 

[JHughson]

Under what rules (if any) will the apartments be built regarding material and visual standards?

 

[COSM_Admin]

Response provided by Amanda Hernandez, Assistant Director or Planning:
Multifamily in La Cima is subject to the old Multifamily Design Standards, currently found in Chapter 9 of the Development Code. See pg. 9 of the agreement.