Res 2021-246 approving a Development Agreement with HK Baugh Ranch, LLC, HK Riley’s Pointe, LLC, and Benchmark Acquisitions, LLC, to regulate the annexation and future development of approximately 1,142 acres of land

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DINWIPMENT PROCEDURESI j Official.The security shall be in the form of one of the e. Any standards imposed as conditions for approval of following: a variance or alternative compliance; and a. A cash escrow with the City; f. Must be served adequately by essential public facilities and services per Chapter 3, Article 5. b. An irrevocable letter of credit drawn upon a state or national bank that has a regular business office in the (Ord. No. 2019-45, 12-17-19) State of Texas that authorizes the City to draw upon the letter of credit by presenting to the issuer only a Section 2.7.1.5Appeals and Relief Procedures sight draft and a certificate signed by an authorized A. Appeal.The applicant for a site permit may appeal the decision representative of the City attesting to the City's right of the initial decision-makers to the Planning and Zoning to draw funds under the letter of credit; Commission in accordance with Section 2.8.1.1. 2. Provision of this security in no way relieves the permittee Section 2.7.1.6Expiration and Extension from responsibility for completing permanent stabilization measures in accordance with the approved site plan.The A. A site permit is subject to the expiration and extension security will be returned to the permittee following site requirements in Section 2.3.5.1. final inspection approval and issuance of the certificate of occupancy or certificate of acceptance. In the event the Section 2.7.1.7Completion and Acceptance permittee fails to complete required site-wide permanent A. Prior to Occupancy.All improvements required by the site stabilization,the security will be utilized to accomplish permit must be completed in accordance with applicable permanent stabilization of the site. regulations and standards prior to the issuance of a certificate Section 2.7.1.3Processing of Application and Decision of occupancy for the last building on the site. A. Responsible Official Action.The Responsible Official shall B. If the construction of any improvement is to be deferred until approve, approve with conditions, or deny a site permit subject after the issuance of a temporary certificate of occupancy, to appeal as provided in Section 2.8.1.1. the property owner shall first provide sufficient security to the City in the form of a cash escrow to ensure completion of the Section 2.7.1.4Criteria for Approval improvements. A. Criteria.The following criteria shall be used to determine C. Prior to Final Acceptance.The property owner shall submit an whether the site permit application shall be approved, approved engineer's letter of concurrence certifying that all stormwater with conditions,or denied: detention and water quality management facilities are in conformance with the approved plans and specifications before 1. The site plan is consistent with all prior approvals; the City may finally accept such facilities. 2. All standards of this Development Code, as applicable, have been and remain satisfied including: DIVISION 2: COMMON S16NA6E PLAN a. All standards applicable to the district in which the Section 2.7.2.1 Applicability and Effect property is located; A. Applicability. Prior to the issuance of a sign permit for one or b. Standards applicable to a water quality protection more buildings or businesses on the same lot or parcel of land, plan; a common signage plan approved by the Responsible Official c. Special dimensional and design standards applicable in accordance with the requirements of this section may be submitted. within an overlay district to which the use is subject; d. Conditional use permit(CUP) requirements; 2:44 Q.:n ;!-;r, 7 ' !w od Amended: September 1, 2020