Plans to build a second Walmart in Cedar Park advanced July 26, when the Cedar Park City Council approved the retailer's rezoning request at the northwest corner of FM 1431 and Ronald Reagan Boulevard.

The 150,000-square-foot retail store will employ about 300 people, a company spokesman said in December when the new store was announced.

Council approved rezoning the 29.68-acre project unanimously—with Lowell Moore absent—after the Planning and Zoning Commission also approved the change by a 4-2 vote in December.

Council also heard the first readings on two zoning changes, one that would make way for an extended-care nursing facility for Alzheimer's disease patients near the southeast corner of FM 1431 and Discovery Boulevard.

Officials also discussed the potential for corporate sponsorships of Cedar Park events or capital projects, such as benches or shade structures in neighborhoods and parks.

Mayor Matt Powell proposed the idea, with a caveat that Cedar Park should avoid becoming a city plastered with signs.

"I wouldn't be offended if I went to a pocket park and saw a sign over a shaded area, something very tasteful that says, 'Shade provided by H-E-B,'" Powell said, adding that the signs should be uniform in style and size. "It gives businesses an opportunity to participate in community while lightening the tax load and getting recognition for it. That's what this is about."

Assistant City Manager Josh Selleck said the finance department is working on a policy that would allow for such corporate sponsorships.

He said the city could eventually publish a list of sponsorship opportunities for business, families or individuals.

City staff will present council members with an update on the initiative in the fall, Selleck said.