Item Coversheet

City Council Meeting
1/12/2021
Agenda Item Transmittal

 Agenda Item: 6.

 Agenda Title: Discuss and consider action on a Vested Rights Consent Agreement for an approximately 126 acre parcel located southeast of the Shops at the Galleria and north of Spanish Oaks, occasionally referred to as “Cassandra Interests

 Council Action:
 Discuss and Consider Action

 Department: Assistant City Manager

 Staff Contact: Lindsey Oskoui


1. INTRODUCTION/PURPOSE


Pursuant to Code Section 30.01.007, discuss and consider action on a Consent Agreement prompted by a vested rights application submitted by the owner of an approximately  126 acre parcel located  southeast of the Shops at the Galleria and north of Spanish Oaks, occasionally referred to as “Cassandra Interests.”



2. DESCRIPTION/JUSTIFICATION

a) Background


See attached transmittal letter.   



b) Issues and Analysis

See attached transmittal letter.  



3. FINANCIAL/BUDGET

Amount Requested Fund/Account No. 
Cert. Obligation GO Funds
Other source Grant title
Addtl tracking info 

4. TIMELINE CONSIDERATIONS



5. RECOMMENDATION

Approval.


ATTACHMENTS:
DescriptionType
Staff Transmittal LetterCover Memo
Draft Consent AgreementExhibit
Exhibit A-1 - Property SketchExhibit
Exhibit B - City Manager Vesting Determination and preceding correspondence between City staff and Property OwnerExhibit