Government
BY AMIRA VAN LEEUWEN
Kyle officials to study future water supply As the city continues to grow, Kyle City Council is looking to begin building a plan to address short-term and long-term water supply issues with a Water Master Plan. The city’s long-term water plan is for 50 years of future water needs. Its short-term plan looks to address water supply issues through 2028. Council approved a $496,783 task order to structural engineering firm CP&Y to develop its Water Master Plan on Feb. 20. How we got here Like many cities in the Central Texas region, a prolonged drought has put a strain on the city’s water supply. In September, San Marcos City Council unanimously approved an interlocal water agreement allowing them to temporarily transfer Edwards Aquifer Water rights to the city of Kyle. The city of Kyle also implemented amended Stage 3 restrictions with the goal of reducing the city’s water usage by 30%.
Buc-ee’s tax deal
Total sales tax rebated
Total sales tax retained
Total property tax retained
Entity
The city of San Marcos and Hays County will rebate 50% of sales tax generated back to the company for the first 15 years but keep all property taxes.
San Marcos
$3.2 million
$3.2 million
$5.9 million
Hays County
$1 million
$1 million
$2.8 million
Hays CISD
$0
$0
$11.4 million
SOURCE: CITY OF SAN MARCOS/COMMUNITY IMPACT
Deal to open a Buc-ee’s in San Marcos approved Buc-ee’s is one step closer to opening a San Mar- cos location, bringing at least 175 jobs. San Marcos City Council approved a Chapter 380 tax incentive agreement with Buc-ee’s on March 5. By the numbers
travel center located along I-35, south of Yarrington Road. The travel center would also be equipped with 120 fueling stations and space for electric vehicle charging. According to agenda documents, plans for the travel center include bringing 200-225 more jobs to the area, and the company would donate $100,000 to the city’s community fund. Stan Beard, Buc-ee’s director of real estate and development, said the council’s initial approval was a big step forward and that they were excited. “We think we’re [going to] be a big plus for the community. We can’t wait to get started,” Beard said. City seeks investment in low income housing Riverview Apartments in the Blanco Gardens neighborhood might be getting a makeover. San Marcos City Council approved a resolution supporting the submission of an application for Low Income Housing Tax Credits to the Texas Department of Housing and Community Affairs for Riverview Apartments on Feb. 20. LIHTCs are meant to provide an equitable financing source that developers can use to create affordable rental housing for low-income house- holds, according to the Texas State Affordable Housing Corporation website. The Workforce Housing City Council Committee recommended approval of the request on Feb. 13, according to agenda documents. About the project The property is located at 601 River Road in San Marcos and consists of 54 housing units—40 of
The incentive agreement would refund Buc-ee’s 50% of sales tax generated by the company over a 15-year term, provided Hays County also agrees to the refund, according to agenda documents. The city would however collect all property taxes generated by the development. Hays CISD will not provide any rebate as part of the agreement. The project would be a 74,000-square-foot family
San Marcos
35
35
N
Incentive agreement for HTeaO approved HTeaO is bringing its flavored teas to Kyle. Kyle City Council approved a Chapter 380 First Year on Us incentive agreement in an amount not to exceed $10,000 on Feb. 6. According to the city’s economic devel- opment website, the First Year on Us is a commercial development plan that allows owner-occupied businesses to apply for a one-time tax rebate of up to $10,000 for property improvements.
123
N
which are permanent Section 8 housing. Amanda Hernandez, director of planning and development services, noted that city staff reviewed the request based on the criteria in the city’s affordable housing policy. Hernandez said the request was for a 9% Competitive Housing Tax Credit, most of which are awarded to the city of Austin. The 9% tax credit will provide assistance to rehabilitate the property. The resolution of support will also give the applicant additional points on their application from the state.
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