The Pecan District, a development currently underway on a 45-acre site off West Pecan Street, will receive up to $45 million in tax reimbursements for infrastructure improvements if Pflugerville City Council passes the ordinance.
If the issue passes a council vote the city's lone tax increment reinvestment zone, or TIRZ, will expand to include the Pecan District, which will become the only development in Pflugerville’s TIRZ located on the west side of the city.
Council first discussed the tax reimbursements Nov. 27, at which time two council members—Mike Heath and Rudy Metayer—voted against the measure.
The Pecan District site is expected to construct a combined $45.2 million worth of public parking garage space and infrastructure before the end of the year 2025, according to city documents. Developers will pay more than $10 million in non-reimbursable funds for parking garage construction, per documents.
The measure experienced considerable public backlash at the Nov. 27 council meeting, during which more than a handful of Pflugerville residents officially expressed opposition to the tax reimbursements. Two residents gave public comment in support of the TIRZ amendment.
Pflugerville solar farm vote
Council members are additionally scheduled to vote on a nonannexation agreement with RRE Austin Solar LLC over the proposed solar farm in Pflugerville's easternmost extraterritorial jurisdiction.
The solar farm project has since obtained a power purchase agreement from Austin Energy and is set to proceed with construction, according to city documents. The developer states construction on the project is slated to complete by the end of 2020.
If passed tonight's resolution will extend construction deadlines established in the nonannexation agreement to reflect the developer's timeline.
