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Res 2019-049/approving an agreement with Texas Transportation Alliance, LLC that provides for economic development incentives for the planning, design, and development of a rail-served commercial and industrial park, known as the SMART Terminal project,
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Res 2019-049/approving an agreement with Texas Transportation Alliance, LLC that provides for economic development incentives for the planning, design, and development of a rail-served commercial and industrial park, known as the SMART Terminal project,
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4/29/2019 10:22:33 AM
Creation date
3/26/2019 9:30:16 AM
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Resolutions
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Agreement
Number
2019-49
Date
3/19/2019
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Section 5.05. Enhanced Drainage Requirements. On-site stormwater controls will be <br />designed to reduce overall post -development peak rates of discharge so that they are at least 10 <br />percent less than existing pre -development peak rates for the 2, 10, 25 and 100 -year storm events <br />at each point of discharge from the Property. Pre and post development peals rates of discharge <br />will be calculated based upon Atlas 14 precipitation data and drainage impacts will be mitigated <br />under applicable City ordinances in effect on the Effective Date of this Agreement, except for the <br />changes (if any) to such ordinances, standards and specifications that fall within the exemptions <br />listed under Section 245.004 of the Texas Local Government Code. In addition, the Developer or <br />any Future Owner, as applicable, will work in good faith with the City to convey stormwater run- <br />off from up -gradient areas consistent with the City's Stormwater Technical Manual in effect on <br />the Effective Date of this Agreement, except for the changes (if any) to such ordinances, standards <br />and specifications that fall within the exemptions listed under Section 245.004 of the Texas Local <br />Government Code. This Section 5.05 does not apply to the Katerra Tract provided development <br />on the tract is substantially in accordance with the material aspects of the plans and specifications <br />pending with the City on the Effective Date. <br />Section 5.06. Traffic Impact Analysis. Except for the plat associated with the Katerra <br />Tract, prior to or concurrent with the submittal of the first plat application for development on the <br />Property or any portion thereof, a traffic impact analysis ("TIT") will be required in accordance <br />with Sections 3.5.2.7 and 3.5.2.8 and other applicable provisions of Chapters 2 and 3 of Subpart <br />B of the San Marcos Code of Ordinances. At the time of submittal of the TIA, the traffic impacts <br />shall be evaluated based on assumptions regarding the full build -out development of the Property <br />and not on the individual plat. It is understood that the requirements concerning a traffic impact <br />16 <br />065611.00495 309237 05 <br />
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