Title
A resolution authorizing the City Manager to finalize and execute a Third Amendment to the Iron Horse Development Agreement to (i) amend certain definitions; (ii) amend Section 2.02(a) "Project Overview - Iron Horse Development"; (iii) amend Section 6.04(a) "Zoning of the Property"; and (iv) amend and replace Exhibit C, "Concept Plan", Exhibit I, "Development Standards", and Exhibit K, "Fencing Plan", to allow an amenity center and a convenience store with fuel sales, to modify the screening wall requirements, and to provide that the development of the property commonly referred to as "Iron Horse Village" and being generally located north of Rodeo Drive, south of Scyene Road (also known as State Highway 352), east of Stadium Drive and west of Rodeo Center Boulevard within the corporate limits of the City of Mesquite in Dallas County, Texas, shall be in compliance with the Concept Plan and Development Standards, as amended.
(This item was postponed at the August 3, 2020, City Council meeting).
Body
As directed at the August 3, 2020, City Council meeting, language has been added to the proposed Third Amendment to the Iron Horse Development Agreement to require the convenience store to be a nationally recognized and branded convenience store and national provider of motor fuels having no more than six fueling pumps.
The proposed amendment also requires a separate building for a proposed fast casual restaurant with a national brand operating in the United States and requires a certificate of occupancy to be issued for the restaurant before a certificate of occupancy can be issued for the convenience store.
The Iron Horse Development Agreement, approved by the City Council on November 19, 2018, establishes the development standards and financing mechanisms to reimburse the developer for authorized public improvements. A First Amendment was approved by Resolution No. 26-2019, on March 18, 2019, to extend the bond sale date an additional 90 days, from April 1...
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