What happened
League City City Council voted 5-2 at its Sept. 10 meeting to approve the first reading of an ordinance to allow the existing Baybrook MUD to annex 450 acres of land that would be developed with sewer, drainage, parks, stormwater detention and transportation infrastructure. It would be financed through MUD bonds.
Council members Courtney Chadwell and Andy Mann voted against the ordinance.
Why it matters
The project is structured to ensure orderly growth in a way that protects taxpayers, according to city documents.
In the first two years, MUD debt will be capped at 25% of assessed valuation and then 20% afterwards. Additionally, the MUD cannot levy more than $1 per $100 valuation without city approval, according to city documents.
The planned unit development governing the tract must dedicate at least 15 acres of parkland, reserve 10% of land for commercial use, and limit homebuilding to no more than 1,500 single-family homes.
Looking ahead
A date has not yet been set for the second and final reading to vote on the ordinance.
