File #: 24-5984    Version: 2 Name: Resolution - A Resolution of the City Council of the City of Mansfield, Texas, Authorizing the City Manager or his Designee to Negotiate, Finalize and Execute a Development Agreement with Kinney Park, LLC; Finding that the Meeting at which this Resolution
Type: Resolution Status: Passed
File created: 4/18/2024 In control: City Council
On agenda: 4/22/2024 Final action: 4/22/2024
Title: Resolution - A Resolution of the City Council of the City of Mansfield, Texas, Authorizing the City Manager or his Designee to Negotiate, Finalize and Execute a Development Agreement with Kinney Park, LLC; Finding that the Meeting at which this Resolution is Passed is Open to the Public as Required by Law; and Declaring an Effective Date
Sponsors: Matt Jones
Attachments: 1. Resolution

Title

Resolution - A Resolution of the City Council of the City of Mansfield, Texas, Authorizing the City Manager or his Designee to Negotiate, Finalize and Execute a Development Agreement with Kinney Park, LLC; Finding that the Meeting at which this Resolution is Passed is Open to the Public as Required by Law; and Declaring an Effective Date

 

Requested Action

Authorization to negotiate, finalize and execute a development agreement with Kinney Park, LLC.

 

Recommendation

Staff recommends approval.

 

Description/History

The proposed improvements to this 32.352-acre site include 215 single-family homes, approximately 4.3 acres of open space, and multiple civic spaces throughout the development.

 

Justification

This project aligns with the principles in the Future Land Use Plan and City Council's priority of establishing complete neighborhoods.

 

Funding Source

Kinney Tract PID

 

Prepared By

Matt Jones, Assistant City Manager