Item 44: SMART Terminal Chapter 380 Economic Development Incentive

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COSM_Admin

Administrator
Staff member
Consider approval, by motion, authorizing negotiations with Franklin Mountain San Marcos I, LP to amend the (SMART Terminal) Chapter 380 Economic Development Incentive and ETJ Development Agreement previously approved by City Council to among other things, remove references to the incentive for the Katerra project and include acreage previously approved under the Cotton Center Development Agreement, and consider the
appointment of a Council Committee to review the aforementioned Development Agreement, if desired.
 

MBaker

Council Member
What can you tell us about the new applicant, it seems to be hard to find anything about Franklin Mountain business. It looks like they are a recent branch of some larger group, can we find out who they are a subsidiary of? Will they have a spokesperson there to answer our questions?

What's the emergency response time to this location?
 

COSM_Admin

Administrator
Staff member
What can you tell us about the new applicant, it seems to be hard to find anything about Franklin Mountain business. It looks like they are a recent branch of some larger group, can we find out who they are a subsidiary of? Will they have a spokesperson there to answer our questions?

What's the emergency response time to this location?
Response provided by Amanda Hernandez, Assistant Director of Planning:
What can you tell us about the new applicant, it seems to be hard to find anything about Franklin Mountain business. It looks like they are a recent branch of some larger group, can we find out who they are a subsidiary of? Will they have a spokesperson there to answer our questions? A spokesperson is not planning to be on this evening as this is just initial authorization and establishing a Council Committee, if desired.

What's the emergency response time to this location? Fire station map is attached.
 

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COSM_Admin

Administrator
Staff member
Please remind us of what uses were prohibited in our first restrictive covenant.
Response provided by Amanda Hernandez, Assistant Director of Planning:
There was not a restrictive covenant for this property. The attached is an excerpt from the original development agreement. The applicant is reviewing this list to determine if they want to make any changes.
 

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